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Summary of Major News of the Day
🟢 President Trump said that any country providing military weapons to Iran will immediately be subjected to a 50% tariff on all goods sold to the U.S., effective immediately. There will be no exceptions or exemptions!
🟢 According to the Financial Times, Iran plans to charge a transit fee of about $1 per barrel (measured in #Bitcoin) for oil tankers passing through the Strait of Hormuz during the two-week ceasefire with the U.S.
🟢 President Trump stated that the U.S. and Iran could initiate a joint project to collect fees through the Strait of Hormuz 😁
🟢 Morgan Stanley has launched the Bitcoin ETF fund $MSBT, currently trading directly on NYSE Arca, and on its first trading day, it attracted $34 million in investments.
🟢 Polygon Labs is in initial negotiations to raise up to $100 million to deploy a stablecoin-based payment platform, aiming to boost on-chain transaction volume.
💵 Canary has filed an S-1 form for the $PEPE ETF fund.