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On April 11, Iranian media reported that Iranian Islamic Consultative Assembly Speaker Mohammad Baqer Qalibaf led a negotiation delegation that arrived by plane at Nur Khan Air Base near Islamabad, the capital of Pakistan, on the same day. (Xinhua News Agency)

[Iranian Negotiation Delegation Arrives in Pakistan]On April 11, Iranian media reported that Iranian Islamic Consultative Assembly Speaker Mohammad Baqer Qalibaf led a negotiation delegation that arrived by plane at Nur Khan Air Base near Islamabad, the capital of Pakistan, on the same day. (Xinhua News Agency)

Iranian Negotiation Delegation Arrives in Pakistan

On April 11, Dmitry Peskov, the press secretary for the Russian president, confirmed on the 10th that Russia's special representative Dmitriev is visiting the United States, but this does not mean that negotiations on the Ukraine issue are resuming. The Russian proposal for a ceasefire during Orthodox Easter is based on humanitarian considerations. Peskov stated that Dmitriev is not negotiating with the U.S. regarding Ukraine, and this visit does not indicate a resumption of the negotiation process. Dmitriev is the president of the Russian Direct Investment Fund and the special representative of the president responsible for foreign investment and economic cooperation, overseeing the Russia-U.S. economic working group. According to reports from the Russia Today news agency, he is continuing discussions with the U.S. on the topic of restoring economic cooperation between Russia and the U.S.

[Kremlin: Special Envoy's Visit to the U.S. Does Not Mean Resumption of Talks, Easter Ceasefire is Humanitarian Consideration]On April 11, Dmitry Peskov, the press secretary for the Russian president, confirmed on the 10th that Russia's special representative Dmitriev is visiting the United States, but this does not mean that negotiations on the Ukraine issue are resuming. The Russian proposal for a ceasefire during Orthodox Easter is based on humanitarian considerations. Peskov stated that Dmitriev is not negotiating with the U.S. regarding Ukraine, and this visit does not indicate a resumption of the negotiation process. Dmitriev is the president of the Russian Direct Investment Fund and the special representative of the president responsible for foreign investment and economic cooperation, overseeing the Russia-U.S. economic working group. According to reports from the Russia Today news agency, he is continuing discussions with the U.S. on the topic of restoring economic cooperation between Russia and the U.S.

Kremlin: Special Envoy's Visit to the U.S. Does Not Mean Resumption of Talks, Easter Ceasefire is Humanitarian Consideration

On April 11, Wall Street banks such as Goldman Sachs and Morgan Stanley are testing Anthropic's Mythos large model.

[Wall Street Banks Testing Anthropic's Mythos Large Model]On April 11, Wall Street banks such as Goldman Sachs and Morgan Stanley are testing Anthropic's Mythos large model.

Wall Street Banks Testing Anthropic's Mythos Large Model

On April 11, U.S. stock indices closed mixed, with the Nasdaq rising 0.35% to mark its eighth consecutive gain, while the S&P 500 fell 0.12% and the Dow Jones dropped 0.56%. Most tech stocks saw gains, with Broadcom up over 4%, AMD rising more than 3%, and Nvidia and Amazon both increasing by over 2%.

[U.S. Stock Indices Close Mixed; Nasdaq Posts Eighth Consecutive Gain]On April 11, U.S. stock indices closed mixed, with the Nasdaq rising 0.35% to mark its eighth consecutive gain, while the S&P 500 fell 0.12% and the Dow Jones dropped 0.56%. Most tech stocks saw gains, with Broadcom up over 4%, AMD rising more than 3%, and Nvidia and Amazon both increasing by over 2%.

U.S. Stock Indices Close Mixed; Nasdaq Posts Eighth Consecutive Gain

On April 11, a senior official from the White House stated that there is a prevailing sense of skepticism within the administration. The official indicated that Trump seems to have acknowledged in recent discussions with advisors that a full reopening of the Strait of Hormuz is unlikely in the short term. However, Trump stated on social media on Thursday that oil supplies will soon be restored, without providing further details. (Reuters)

[White House Official: Trump Acknowledges Full Reopening of Strait of Hormuz Unlikely in Short Term]On April 11, a senior official from the White House stated that there is a prevailing sense of skepticism within the administration. The official indicated that Trump seems to have acknowledged in recent discussions with advisors that a full reopening of the Strait of Hormuz is unlikely in the short term. However, Trump stated on social media on Thursday that oil supplies will soon be restored, without providing further details. (Reuters)

White House Official: Trump Acknowledges Full Reopening of Strait of Hormuz Unlikely in Short Term

On April 11, according to monitoring by Lookonchain, Circle minted an additional 250 million USDC. In the past month, Circle has cumulatively minted 10.5 billion USDC on Solana.

[Circle Mints 10.5 Billion USDC on Solana in the Past Month]On April 11, according to monitoring by Lookonchain, Circle minted an additional 250 million USDC. In the past month, Circle has cumulatively minted 10.5 billion USDC on Solana.

Circle Mints 10.5 Billion USDC on Solana in the Past Month

On April 11, reports from Fox News and NBC News confirmed that a spokesperson for OpenAI stated that the San Francisco police arrested a suspect earlier on Friday. The individual was accused of throwing a Molotov cocktail at the residence of OpenAI founder and CEO Sam Altman and also engaged in threatening behavior outside the company's San Francisco headquarters. OpenAI stated, 'Fortunately, no one was injured.' The company added, 'We are very grateful to the San Francisco police for their swift response and appreciate the support from the city government in ensuring the safety of our employees. The suspect has been apprehended, and we are assisting the police with their investigation.' Currently, Altman has not made a public statement regarding the arrest. In another statement, the San Francisco Police Department indicated that they responded to a residence in the North Beach area earlier on Friday 'due to a fire investigation.' The suspect fled on foot, and a description of him was communicated to all officers. Subsequently, the San Francisco police received a report and responded to a shop at 1400 Third Street to handle an incident involving 'an unidentified man threatening to burn down the building' (OpenAI's headquarters is located at 1455 Third Street). The police stated, 'When officers arrived on the scene, they recognized that the man was the same suspect from the earlier incident and immediately arrested him.' The suspect is reported to be a 20-year-old male.

[US Media: OpenAI Founder Altman's Residence Attacked with Molotov Cocktail]On April 11, reports from Fox News and NBC News confirmed that a spokesperson for OpenAI stated that the San Francisco police arrested a suspect earlier on Friday. The individual was accused of throwing a Molotov cocktail at the residence of OpenAI founder and CEO Sam Altman and also engaged in threatening behavior outside the company's San Francisco headquarters. OpenAI stated, 'Fortunately, no one was injured.' The company added, 'We are very grateful to the San Francisco police for their swift response and appreciate the support from the city government in ensuring the safety of our employees. The suspect has been apprehended, and we are assisting the police with their investigation.' Currently, Altman has not made a public statement regarding the arrest. In another statement, the San Francisco Police Department indicated that they responded to a residence in the North Beach area earlier on Friday 'due to a fire investigation.' The suspect fled on foot, and a description of him was communicated to all officers. Subsequently, the San Francisco police received a report and responded to a shop at 1400 Third Street to handle an incident involving 'an unidentified man threatening to burn down the building' (OpenAI's headquarters is located at 1455 Third Street). The police stated, 'When officers arrived on the scene, they recognized that the man was the same suspect from the earlier incident and immediately arrested him.' The suspect is reported to be a 20-year-old male.

US Media: OpenAI Founder Altman's Residence Attacked with Molotov Cocktail

On April 11, multiple informed sources revealed that when US Vice President Vance arrives in Islamabad and holds talks with Iranian officials on Saturday, it will fulfill the wishes of Tehran's current leadership—some of whom have long hoped that the US Vice President could play a leading role in negotiations to end the war. A regional official and four individuals familiar with the negotiations stated that Iran views Vance as one of the most anti-war figures within President Donald Trump's inner circle. These sources indicated that this long-standing reputation, which has become a political label, leads Tehran to believe that among Trump's confidants, Vance is the most likely to sincerely seek an agreement. (Reuters)

[Sources: Iran to Negotiate with US Vice President Vance as Desired]On April 11, multiple informed sources revealed that when US Vice President Vance arrives in Islamabad and holds talks with Iranian officials on Saturday, it will fulfill the wishes of Tehran's current leadership—some of whom have long hoped that the US Vice President could play a leading role in negotiations to end the war. A regional official and four individuals familiar with the negotiations stated that Iran views Vance as one of the most anti-war figures within President Donald Trump's inner circle. These sources indicated that this long-standing reputation, which has become a political label, leads Tehran to believe that among Trump's confidants, Vance is the most likely to sincerely seek an agreement. (Reuters)

Sources: Iran to Negotiate with US Vice President Vance as Desired

On April 10, Pakistani Prime Minister Shehbaz stated in a televised address that a delegation from the United States and Iran will hold talks in Islamabad on April 11 to seek a peaceful resolution to the current crisis in the Middle East. (Xinhua News Agency)

[Pakistani Prime Minister: US-Iran Talks to Be Held on April 11]On April 10, Pakistani Prime Minister Shehbaz stated in a televised address that a delegation from the United States and Iran will hold talks in Islamabad on April 11 to seek a peaceful resolution to the current crisis in the Middle East. (Xinhua News Agency)

Pakistani Prime Minister: US-Iran Talks to Be Held on April 11

The Hong Kong Monetary Authority today released a research report titled “An Assessment Of The Volatility Spillover From Crypto To Traditional Financial Assets: The Role Of Asset-backed Stablecoins.” The report said that with a perceived stable value offered by the backing of traditional financial assets, asset-backed stablecoins play a pivotal role in the crypto ecosystem. However, these stablecoins bear liquidity mismatch risks similar to money market funds, which may expose them to a fire-sale of reserve assets in times of crypto ecosystem instability and in turn increase the volatility of these reserve assets. In extreme circumstances, failures of stablecoins or other crypto assets could result in large-scale redemptions of asset-backed stablecoins and a fire-sale of their reserve assets, potentially posing material impacts on the traditional financial system.
The report said that as the crypto ecosystem continues to expand and is increasingly exposed to the financial sector, the linkages between crypto and traditional financial assets are likely to become stronger, potentially increasing the risk spillover discussed above. Importantly, the crypto ecosystem remains largely outside the oversight of regulators, with large data gaps impeding their assessments of the spillover risk. Given that the international regulatory community is considering putting in place appropriate regimes to regulate stablecoins, this study concludes with two suggestions that regulators may consider: 1. Requiring standardised and regular disclosures by the issuers of asset-backed stablecoins on their reserve assets holdings which could help regulators assess and compare their liquidity condition and potential liquidity mismatch risk. This could enable regulators to consider, in a more timely manner, taking appropriate measures to reduce the spillover risk in times of market disruption; 2. Strengthening the asset-backed stablecoins' liquidity management, possibly by imposing restrictions on the composition of reserve assets and requiring welldefined redemption rights, which may also help reduce the spillover risk.

Detail

【HKMA: Stablecoin volatility may spill over to traditional finance】The Hong Kong Monetary Authority today released a research report titled “An Assessment Of The Volatility Spillover From Crypto To Traditional Financial Assets: The Role Of Asset-backed Stablecoins.” The report said that with a perceived stable value offered by the backing of traditional financial assets, asset-backed stablecoins play a pivotal role in the crypto ecosystem. However, these stablecoins bear liquidity mismatch risks similar to money market funds, which may expose them to a fire-sale of reserve assets in times of crypto ecosystem instability and in turn increase the volatility of these reserve assets. In extreme circumstances, failures of stablecoins or other crypto assets could result in large-scale redemptions of asset-backed stablecoins and a fire-sale of their reserve assets, potentially posing material impacts on the traditional financial system.
The report said that as the crypto ecosystem continues to expand and is increasingly exposed to the financial sector, the linkages between crypto and traditional financial assets are likely to become stronger, potentially increasing the risk spillover discussed above. Importantly, the crypto ecosystem remains largely outside the oversight of regulators, with large data gaps impeding their assessments of the spillover risk. Given that the international regulatory community is considering putting in place appropriate regimes to regulate stablecoins, this study concludes with two suggestions that regulators may consider: 1. Requiring standardised and regular disclosures by the issuers of asset-backed stablecoins on their reserve assets holdings which could help regulators assess and compare their liquidity condition and potential liquidity mismatch risk. This could enable regulators to consider, in a more timely manner, taking appropriate measures to reduce the spillover risk in times of market disruption; 2. Strengthening the asset-backed stablecoins' liquidity management, possibly by imposing restrictions on the composition of reserve assets and requiring welldefined redemption rights, which may also help reduce the spillover risk.

HKMA: Stablecoin volatility may spill over to traditional finance

Article

Alibaba Claims HappyHorse-1.0, Set to Release Another Multimodal Model

Hong Kong Monetary Authority Grants First Stablecoin Issuer Licenses to Diginex and HSBC

US-Iran Delegations Arrive in Pakistan for Negotiations

cfg soared to 0.2566 USDT, a new high with a 24-hour increase of 9.64%. It currently trades at 0.2059 USDT on HTX.

HKMA: Stablecoin volatility may spill over to traditional finance

Disclaimer：Il contenuto di cui sopra non rappresenta le posizioni di HTX.，HTX non fornisce alcuna raccomandazione di trading.。

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