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07:27
B2C2 obtains Luxembourg CASP license, can provide OTC trading services in the European Union
According to The Block, B2C2 has obtained a Crypto Asset Service Provider (CASP) license issued by the Luxembourg Financial Sector Supervisory Commission, allowing it to provide regulated over-the-counter spot trading services under the EU MiCA framework. B2C2 stated that it is the world's first OTC liquidity provider to obtain this license. B2C2 had previously registered in Luxembourg as a virtual asset service provider in 2024.
07:24
Crude oil and U.S. Treasury yields rise; Indian 10-year government bond yield rebounds to 7.1%
⑴ The yield on India's 10-year government bonds is hovering around 7.1%, rebounding from recent declines due to rising oil prices and higher US Treasury yields, which continue to dampen sentiment in the bond market. ⑵ Brent crude futures have risen above $107 per barrel, as renewed geopolitical tensions in the Middle East spark concerns about potential supply disruptions and sustained inflation risks. ⑶ Meanwhile, the yield on US 10-year Treasury bonds has climbed to its highest level in nearly a year, reinforcing market expectations that the Federal Reserve may keep interest rates elevated for a longer period. ⑷ Additionally, India's central bank has boosted liquidity in the sovereign debt market by raising the annual trading targets for primary dealers. Under the revised framework, the country's 21 bond market makers are required to trade a larger volume of government bonds in the current fiscal year, significantly increasing activity in benchmark 10-year bonds.
07:19
UAE to Complete New Oil Pipeline Bypassing Strait of Hormuz by 2027
Odaily reports that the United Arab Emirates is constructing a new oil pipeline to bypass the Strait of Hormuz and plans to put it into operation in 2027. According to a statement from the country's Media Office, once the project is completed, the oil export capacity of Abu Dhabi National Oil Company (ADNOC) via Fujairah Port will double, helping to meet global market demand. (Golden Ten Data)
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