missile and drone capabilities are being "completely destroyed," and warned that if Iran blocks the Strait of Hormuz to oil transportation, it will face a "20-fold" retaliation. Trump also hinted that seizing Iran's oil is not out of the question, but said "it's too early to talk about that now." The Eurogroup is urgently discussing energy measures, with the EU stating it is ready to deploy strategic oil reserves; G7 energy ministers will hold an emergency meeting on Tuesday. (Background summary: Trump "bombs around until the target is achieved" calling for Iran's surrender, the Persian Gulf has over 200 ships, and the European Central Bank warns that dollar hedging is failing) (Additional background: Iran threatens to bomb U.S. naval fleets and block the Strait of Hormuz, Trump: Retaliation will only invite more severe attacks) President Trump described recent military actions against Iran as a "short-term operation." He stated that the United States is working with Israel, and Iran's

Oil prices have recorded a dip as news emerges of the G7 countries’ plan to draw as much as 400 million barrels from their reserves.  The proposal, first made public by the Financial Times and emphasized by The Kobeissi Letter, is being discussed as a joint measure by the International

The UK Treasury has selected HSBC and Ashurst to collaborate on the DIGIT digital government bond pilot program, becoming the first G7 country to attempt issuing sovereign bonds on the blockchain. The program aims to enhance market efficiency and reduce costs through digital assets, but legal and tax challenges still need to be addressed.

Author: Techub Selected Compilation In this article, I will analyze in depth: how banking regulation has become the main driving force behind liquidity shortages in non-USD channels. My core argument is that the structural failure of the global foreign exchange market outside the G7 has led to a "liquidity vacuum" in non-USD cross-border settlements. Therefore, to solve the liquidity issues of non-USD stablecoins, a DeFi-native approach to liquidity bootstrapping must be adopted. Any on-chain FX solution relying on traditional foreign exchange markets is doomed to fail. 1. The Heavy Hammer of Basel III (Extended Version): LCR is a "Currency + Entity" Constraint, Not Just a "Liquid Assets" Rule What is Basel III? Basel III is a set of international regulatory frameworks aimed at making the banking system more resilient by enhancing capital adequacy, liquidity, and risk management capabilities. Its measures include

A consortium of nine global Wall Street banking giants, led by Goldman Sachs and Deutsche Bank, announced plans to jointly develop a reserve-backed digital payment asset (i.e., stablecoin) focused on G7 currencies. This consortium includes heavyweight institutions such as Bank of America, Citigroup, and UBS. This move is a crucial step for Financial Institutions to accelerate their embrace of Blockchain, aiming to capture a digital payment market expected to exceed $50 trillion in transaction volume by 2030 and to address the competition and challenges posed by existing issuers like Tether.

The American Bank, Goldman Sachs, Deutsche Bank, Citibank, and BNP Paribas have launched the G7 stablecoin project, exploring the issuance of blockchain stablecoins pegged 1:1 to the currencies of the seven countries, such as the USD, Euro, and Yen. This global banking alliance will directly challenge the market capitalization of USDT, which stands at $178 billion, and the U.S. "GENIUS Act" paves the way for banks to enter the stablecoin market. This article provides an in-depth analysis of the G7 stablecoin project's insider details, regulatory framework, and its disruptive impact on the crypto assets market.

Global banks are exploring a G7-backed stablecoin tied to traditional fiat currencies, aiming to integrate blockchain into finance while ensuring regulatory compliance and stability. This marks a significant shift toward digital transformation in banking.

The price of Bitcoin (BTC) experienced a big dump and flash crash, temporarily reporting around 112,548 USD on October 11. After Trump announced a 100% tariff on China, the price of Bitcoin once plummeted to 102,000 million USD. Banks are exploring the launch of stablecoins pegged to G7 currencies, including the USD, Euro, and Yen. Kalshi raised 300 million USD to expand the prediction market to 140 countries.

The BRICS bloc's GDP in purchasing power parity (PPP) has risen to 40%, surpassing the G7's 29%. This growth reflects increased economic independence, challenging U.S. dominance. Proposed initiatives could further enhance BRICS GDP and promote a multipolar financial world.