Back to News
SourceODAILY

Saudi media releases terms of the 14-point memorandum of understanding between the US and Iran

Odaily Odaily reports that Saudi Arabia's Al Arabiya TV has released the terms of the 14-point memorandum of understanding between Iran and the United States, which is more detailed than the version released by Iran's Mehr News Agency: 1. Iran and the United States, along with their allies in the current war, declare an immediate and permanent end to the war on all fronts, including Lebanon, effective from the date of signing this Memorandum of Understanding, and pledge to refrain from any further hostile actions against each other, nor from threatening or using force against one another. The final agreement will confirm the provisions of this article and other clauses. (A permanent and immediate cessation of the war on all fronts, including Lebanon.) 2. Iran and the United States pledged to respect each other's sovereignty and territorial integrity and not to interfere in each other's internal affairs. (The United States pledged not to interfere in Iran's internal affairs and to respect Iran's sovereignty.) 3. Iran and the United States pledged to negotiate and reach a final agreement within a period of no more than 60 days, which could be extended by mutual agreement. (This clause was not mentioned in the Iranian media version) 4. Upon signing this Memorandum of Understanding, the United States will immediately lift its naval blockade against Iran, prevent any interference or obstruction, and restore Iran's full shipping capacity within a maximum of 30 days; the volume of ship traffic should be proportional to the pre-war volume. The United States also pledges to withdraw its troops from the surrounding area within 30 days of the final agreement being reached. (To completely lift the naval blockade against Iran within 30 days.) (The United States has pledged to withdraw troops from the area surrounding Iran.) 5. Upon signing this Memorandum of Understanding, Iran will immediately take measures to ensure that merchant shipping between the Persian Gulf and the Sea of ​​Oman is restored to pre-war levels within 30 days, while also taking into account Iran's need to clear technical obstacles and neutralize mines. (The Strait of Hormuz will reopen within 30 days, arranged by Iran.) 6. The United States will work with regional partners to develop a comprehensive, mutually agreed-upon plan for Iran's resurgence and development, and will secure at least $300 billion in financial support. The implementation mechanism for this plan will be finalized within 60 days, within the framework of a final agreement. (The United States and its allies need to provide Iran with a reconstruction plan of at least $300 billion.) 7. The United States pledged to end all types of sanctions currently in place against Iran within the timeframe agreed in the final agreement, including UN Security Council resolutions, International Atomic Energy Agency (IAEA) Board of Governors resolutions, and all major and minor sanctions unilaterally imposed by the United States. (A final agreement on the nuclear issue must be reached within 60 days, and all major and minor U.S. sanctions against Iran, as well as resolutions of the UN Security Council and the Board of Governors of the International Atomic Energy Agency, must be lifted.) 8. Iran reiterated that it will never develop nuclear weapons. Iran and the United States have reached an agreement to properly resolve the fate of enriched uranium and all other mutually agreed nuclear-related issues, including Iran's nuclear needs, through a final agreement; this final agreement will confirm the contents of this clause. (Reaffirming Iran's commitment not to develop nuclear weapons under the Treaty on the Non-Proliferation of Nuclear Weapons.) 9. Iran and the United States agreed to maintain the status quo until a final agreement is reached: Iran will continue with its nuclear program as it is, and the United States will not impose new sanctions on Iran.
Disclaimer: The views above are the author's only and do not represent 711BTC. Nothing here constitutes investment advice.

Related

07-08 20:33

Report: TradeFi contract trading volume accounted for 11% of total contract trading volume in the first five months of 2026.

According to a recent stablecoin industry report released by Binance Research on July 8th, in the first five months of 2026, TradeFi-related perpetual contracts accounted for approximately 11% of the total perpetual contract trading volume, with a cumulative trading value exceeding $1.1 trillion. Binance's trading value exceeded $500 billion, representing a market share of approximately 47%.

07-08 20:31

The Bank of Korea has released a regulatory proposal suggesting that personal stablecoin transactions exceeding $10,000 should be limited to transfers from verified wallets.

According to Mars Finance, the legal team of the Bank of Korea has published a research paper titled "Regulatory Scheme for Foreign Remittance Transactions Targeting Stablecoins," proposing regulatory recommendations for large-scale stablecoin transactions. The paper, referencing current South Korean foreign exchange control regulations, proposes constraints on stablecoin transfers exceeding $10,000 between individuals, requiring such transactions to be conducted only between officially certified wallets, along with a pre-reporting mechanism. The institution acknowledges that there are technical obstacles to fully controlling unregistered wallets, but due to anti-money laundering compliance requirements, it is necessary to strengthen restrictions on large-scale cross-border stablecoin fund flows. South Korean regulators have previously repeatedly stated the need to improve the monitoring system for cross-border crypto asset transactions using non-custodial wallets; this paper further refines and implements the regulatory approach.

07-08 20:22

Gate responded to online rumors of user asset theft: An urgent investigation is underway, and preliminary assessments indicate it is an isolated incident.

According to Foresight News , Gate responded to online reports of user assets being stolen, stating that the incident shows the customer made a withdrawal between 3:00 PM and 4:00 PM on July 7th, and reported the loss to online customer service at 5:00 PM on July 8th. Gate has initiated an investigation, and the incident is currently under urgent investigation. Preliminary assessments indicate it is an isolated case, there are no system security vulnerabilities, and the website is operating normally. Preliminary investigations suggest this incident may be related to a leak of user information; the specific details are under investigation. Gate will disclose further details as soon as the investigation concludes.

07-08 20:19

Justin Sun has staked $430 million in Ethereum on Lido, yielding an annualized return of approximately $9.5 million.

According to Odaily Lens monitoring, Justin Sun Sun has been continuously staking ETH through Lido Finance. 23 hours ago, Justin Sun staked another 13,000 ETH, worth approximately $23.08 million, bringing his total staked ETH on Lido to 247,436 stETH, currently valued at approximately $430.2 million. Data shows that since February 2023, this staking position has generated a total of 11,307 stETH staking profits, worth approximately $26.82 million. Based on the current profit level, Justin Sun position has an annualized return of approximately $9.5 million.

07-08 20:17

Guangdong: By the end of 2027, the province's urban digital infrastructure support capabilities will be significantly enhanced.

According to Mars Finance, 11 departments, including the Guangdong Provincial Government Service and Data Management Bureau, recently issued the "Guangdong Provincial Action Plan for Promoting the Digital Transformation of Cities and Building Smart Cities." The plan emphasizes using cities as comprehensive carriers for the construction of Digital Guangdong, promoting infrastructure connectivity, data integration, platform interoperability, business integration, and a smooth ecosystem. It also aims to actively explore future-oriented smart city management models and achieve high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area smart city cluster. By the end of 2027, the province's urban digital infrastructure support capabilities will be significantly enhanced, the level of efficient digital governance will be greatly improved, digital public services will be more efficient and convenient, the momentum of digital economic development will be fully released, and the digital ecosystem will be comprehensively and collaboratively guaranteed. A number of effective and replicable typical application scenarios for digital transformation will be implemented, with Guangzhou, Shenzhen, Foshan, and Dongguan taking the lead in building efficient smart governance systems and implementing a number of advanced, usable, and independently controllable large-scale urban models. By 2030, no fewer than 10 cities will have achieved full-area digital transformation, achieving an overall leap in the digital transformation of cities throughout the province, forming a number of new smart city benchmarks and digital China city models with regional competitiveness and national influence. (Cailian Press)

07-08 20:10

Morgan Stanley reiterated its "overweight" rating on RKLB and raised its bullish price target to $293.

Odaily Odaily that Morgan Stanley reiterated its "Overweight" rating on Rocket Lab (RKLB) and maintained its target price of $105, but raised its most bullish target price from $185 to $293. Morgan Stanley analysts believe that the acquisition of Iridium will expand Rocket Lab's potential market space and reposition the company as a vertically integrated space platform. While SpaceX has significant scale and cost advantages over Rocket Lab, the latter is moving closer to the former's model.