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On April 10, Iranian Foreign Ministry spokesperson Baghaei stated at a press conference on the 9th local time that achieving a ceasefire in Lebanon is a crucial component of Pakistan's proposed understanding for ceasefire negotiations. He emphasized that the U.S. commitment to halt warfare across all fronts means that any actions or positions that violate this commitment equate to the U.S. failing to fulfill its promises. He also highlighted that today, the unity between the Iranian and Lebanese peoples is stronger than at any time in history. Baghaei did not directly respond to questions regarding the location and timing of negotiations with the U.S., only stating that the list of delegation members would be announced once the itinerary of the Iranian negotiating team is confirmed. (CCTV)

[Iran Reiterates U.S. Must Honor Ceasefire Commitments Across All Fronts Before Negotiations]On April 10, Iranian Foreign Ministry spokesperson Baghaei stated at a press conference on the 9th local time that achieving a ceasefire in Lebanon is a crucial component of Pakistan's proposed understanding for ceasefire negotiations. He emphasized that the U.S. commitment to halt warfare across all fronts means that any actions or positions that violate this commitment equate to the U.S. failing to fulfill its promises. He also highlighted that today, the unity between the Iranian and Lebanese peoples is stronger than at any time in history. Baghaei did not directly respond to questions regarding the location and timing of negotiations with the U.S., only stating that the list of delegation members would be announced once the itinerary of the Iranian negotiating team is confirmed. (CCTV)

Iran Reiterates U.S. Must Honor Ceasefire Commitments Across All Fronts Before Negotiations

On April 10, the U.S. Congressional Budget Office (CBO) projected that the budget deficit for the United States in March would reach $163 billion.

[CBO: U.S. Budget Deficit Expected to Reach $163 Billion in March]On April 10, the U.S. Congressional Budget Office (CBO) projected that the budget deficit for the United States in March would reach $163 billion.

CBO: U.S. Budget Deficit Expected to Reach $163 Billion in March

On April 10, Axios reported that a senior Israeli official stated that the first direct negotiation between Israel and Lebanon will take place next week at the U.S. Department of State in Washington, D.C. (Xinhua)

[US Media: First Direct Negotiation Between Israel and Lebanon to Be Held Next Week in Washington]On April 10, Axios reported that a senior Israeli official stated that the first direct negotiation between Israel and Lebanon will take place next week at the U.S. Department of State in Washington, D.C. (Xinhua)

US Media: First Direct Negotiation Between Israel and Lebanon to Be Held Next Week in Washington

On April 10, data from Coinglass revealed that $300 million was liquidated across the market in the past 24 hours, with long positions accounting for $136 million and short positions for $164 million.

[Market Sees $300 Million Liquidation in 24 Hours, Both Longs and Shorts Affected]On April 10, data from Coinglass revealed that $300 million was liquidated across the market in the past 24 hours, with long positions accounting for $136 million and short positions for $164 million.

Market Sees $300 Million Liquidation in 24 Hours, Both Longs and Shorts Affected

On April 10, the U.S. Congressional Budget Office (CBO) announced that it expects the budget deficit for March to reach $163 billion.

[CBO Projects U.S. Budget Deficit to Reach $163 Billion in March]On April 10, the U.S. Congressional Budget Office (CBO) announced that it expects the budget deficit for March to reach $163 billion.

CBO Projects U.S. Budget Deficit to Reach $163 Billion in March

On April 10, Iranian Foreign Minister Amir-Abdollahian stated that safe passage in the Strait of Hormuz can be achieved through guidelines. The United States should stop the wars in Lebanon and all regions.

[Iranian Foreign Minister: Safe Passage in the Strait of Hormuz Can Be Achieved Through Guidelines]On April 10, Iranian Foreign Minister Amir-Abdollahian stated that safe passage in the Strait of Hormuz can be achieved through guidelines. The United States should stop the wars in Lebanon and all regions.

Iranian Foreign Minister: Safe Passage in the Strait of Hormuz Can Be Achieved Through Guidelines

On April 10, AXIOS reported that direct negotiations between Israel and Lebanon will begin next week. The first meeting between Israel and Lebanon will take place at the U.S. State Department in Washington.

[Direct Negotiations Between Israel and Lebanon to Start Next Week]On April 10, AXIOS reported that direct negotiations between Israel and Lebanon will begin next week. The first meeting between Israel and Lebanon will take place at the U.S. State Department in Washington.

Direct Negotiations Between Israel and Lebanon to Start Next Week

On April 10, Reuters reported that a senior Lebanese official stated that Lebanon is calling for a temporary ceasefire to facilitate negotiations with Israel. Any negotiations would be conducted 'individually, but in a similar manner' to the ceasefire agreement between Iran and the United States brokered by Pakistan. Lebanon requires the United States as a guarantor for any agreement reached with Israel.

[Lebanon Calls for Temporary Ceasefire to Negotiate with Israel]On April 10, Reuters reported that a senior Lebanese official stated that Lebanon is calling for a temporary ceasefire to facilitate negotiations with Israel. Any negotiations would be conducted 'individually, but in a similar manner' to the ceasefire agreement between Iran and the United States brokered by Pakistan. Lebanon requires the United States as a guarantor for any agreement reached with Israel.

Lebanon Calls for Temporary Ceasefire to Negotiate with Israel

On April 10, German Chancellor Olaf Scholz stated on the 9th that the stronger Israel's military actions in southern Lebanon, the higher the risk of failure for the Middle East peace process, a situation that "must not happen." During a press conference, Scholz mentioned that the United States and Iran have reached an agreement on issues such as a two-week ceasefire. This marks the first "window of opportunity" for resolving issues through negotiations since the conflict began. Despite these positive signals, he noted that true peace is still "a long way off." Scholz pointed out that the changes in the situation over the past 24 hours demonstrate how fragile the ceasefire is, and the situation in the Strait of Hormuz remains unclear, with significant disagreements among parties. He stated that the upcoming negotiations are highly challenging, and their outcomes are crucial for the stability of the Middle East and the development of the global economy. Germany will strive to support this diplomatic process and take on corresponding responsibilities to maintain regional peace and stability. (Xinhua News Agency)

[German Chancellor: Israeli Military Actions Must Not Disrupt Middle East Peace Process]On April 10, German Chancellor Olaf Scholz stated on the 9th that the stronger Israel's military actions in southern Lebanon, the higher the risk of failure for the Middle East peace process, a situation that "must not happen." During a press conference, Scholz mentioned that the United States and Iran have reached an agreement on issues such as a two-week ceasefire. This marks the first "window of opportunity" for resolving issues through negotiations since the conflict began. Despite these positive signals, he noted that true peace is still "a long way off." Scholz pointed out that the changes in the situation over the past 24 hours demonstrate how fragile the ceasefire is, and the situation in the Strait of Hormuz remains unclear, with significant disagreements among parties. He stated that the upcoming negotiations are highly challenging, and their outcomes are crucial for the stability of the Middle East and the development of the global economy. Germany will strive to support this diplomatic process and take on corresponding responsibilities to maintain regional peace and stability. (Xinhua News Agency)

German Chancellor: Israeli Military Actions Must Not Disrupt Middle East Peace Process

According to LedgerInsights, today the Monetary Authority of Singapore (MAS) issued a whitepaper on purpose bound money, a tokenized form of digital currency which restricts how money can be used. It is part of the Project Orchid retail central bank digital currency research (CBDC) initiative. Four pilot projects are being run, three of which involve Singapore’s largest banks, DBS, OCBC and UOB.
The central bank distinguishes between programmable payments – conventional payments with rules, programmable money, where the rules and the payment instrument are combined in a blockchain-based token, and purpose bound money (PBM), which it views as a third model building on programmable money. The money involved might be central bank digital currency, tokenized bank deposits or stablecoins, collectively referred to as digital Singapore dollars (DSGD). In the DBS pilot it is tokenized bank money.

Detail

【Singapore to trial purpose bound money CBDC, digital currency, with DBS, OCBC, UOB pilots】According to LedgerInsights, today the Monetary Authority of Singapore (MAS) issued a whitepaper on purpose bound money, a tokenized form of digital currency which restricts how money can be used. It is part of the Project Orchid retail central bank digital currency research (CBDC) initiative. Four pilot projects are being run, three of which involve Singapore’s largest banks, DBS, OCBC and UOB.
The central bank distinguishes between programmable payments – conventional payments with rules, programmable money, where the rules and the payment instrument are combined in a blockchain-based token, and purpose bound money (PBM), which it views as a third model building on programmable money. The money involved might be central bank digital currency, tokenized bank deposits or stablecoins, collectively referred to as digital Singapore dollars (DSGD). In the DBS pilot it is tokenized bank money.

Singapore to trial purpose bound money CBDC, digital currency, with DBS, OCBC, UOB pilots

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Singapore to trial purpose bound money CBDC, digital currency, with DBS, OCBC, UOB pilots

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