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Galaxy Research Director: SEC's New Plan Defines Boundaries for Digital Assets, Marking a Major Shift in Regulatory AttitudeAccording to news from Hash World Chain on March 21, Galaxy's Research Director Alex Thorn pointed out in a post on platform X that the U.S. Securities and Exchange Commission (SEC) has released a milestone digital asset regulatory guidance this week. This move marks a significant shift in the SEC's regulatory stance on digital assets from the adversarial attitude and vague rules of the Gary Gensler era to a more structured, transparent, and supportive direction for industry compliance development. Alex Thorn detailed four key changes in this regulatory guidance: First, non-security digital assets can be freely traded in the secondary market after the issuer completes core management commitments, no longer being continuously classified as securities; second, the judgment criterion of 'sufficient decentralization' has been removed, with the issuer's public commitments as the core basis; third, explicit safe harbor provisions have been introduced, clarifying that common activities such as airdrops, mining, and staking typically do not constitute securities transactions; fourth, the scope of 'Efforts of Others' has been significantly narrowed, focusing solely on the issuer's core management commitments, without considering third-party market speculation or community comments. Furthermore, Alex Thorn echoed the industry’s calls to continue pushing for the implementation of the CLARITY Act, which is expected to provide more lasting legal protection for crypto assets and support the long-term healthy development of Bitcoin and the entire crypto asset industry in the U.S. capital markets.

Galaxy Research Director: SEC's New Plan Defines Boundaries for Digital Assets, Marking a Major Shift in Regulatory Attitude

According to news from Hash World Chain on March 21, Galaxy's Research Director Alex Thorn pointed out in a post on platform X that the U.S. Securities and Exchange Commission (SEC) has released a milestone digital asset regulatory guidance this week. This move marks a significant shift in the SEC's regulatory stance on digital assets from the adversarial attitude and vague rules of the Gary Gensler era to a more structured, transparent, and supportive direction for industry compliance development. Alex Thorn detailed four key changes in this regulatory guidance: First, non-security digital assets can be freely traded in the secondary market after the issuer completes core management commitments, no longer being continuously classified as securities; second, the judgment criterion of 'sufficient decentralization' has been removed, with the issuer's public commitments as the core basis; third, explicit safe harbor provisions have been introduced, clarifying that common activities such as airdrops, mining, and staking typically do not constitute securities transactions; fourth, the scope of 'Efforts of Others' has been significantly narrowed, focusing solely on the issuer's core management commitments, without considering third-party market speculation or community comments. Furthermore, Alex Thorn echoed the industry’s calls to continue pushing for the implementation of the CLARITY Act, which is expected to provide more lasting legal protection for crypto assets and support the long-term healthy development of Bitcoin and the entire crypto asset industry in the U.S. capital markets.
10x Research: The cryptocurrency market is at a critical turning point, with altcoins dominating the current marketHashi Chain News reports that on March 21, 10x Research published an analysis on platform X, indicating that the cryptocurrency market is at a critical turning point. Despite Bitcoin maintaining its support level, altcoins have quietly begun to dominate the market. Misalignment in market positions may lead to frequent failures of the "buy on dips" strategy. Specifically, Ethereum may be supported by institutional accumulation and structural upgrades; Solana benefits from ETF fund inflows; XRP is supported by retail demand and application expansion; BNB faces short-term pressure but has long-term advantages from RWA development; TRON is driven by growth in payment applications, increased stablecoin usage, and whale accumulation. At this stage, returns will depend more on tactical position management rather than directional judgment. As Bitcoin's dominance declines, the strategy has shifted to favor altcoins that can stabilize at key levels, seizing opportunities in high-risk market conditions. In a bear market environment, emphasis should be on short-term momentum trading rather than blind bottom fishing. The current easing of token unlock pressure and low trading volume indicate limited selling pressure, supporting the overall resilience of the market.

10x Research: The cryptocurrency market is at a critical turning point, with altcoins dominating the current market

Hashi Chain News reports that on March 21, 10x Research published an analysis on platform X, indicating that the cryptocurrency market is at a critical turning point. Despite Bitcoin maintaining its support level, altcoins have quietly begun to dominate the market. Misalignment in market positions may lead to frequent failures of the "buy on dips" strategy. Specifically, Ethereum may be supported by institutional accumulation and structural upgrades; Solana benefits from ETF fund inflows; XRP is supported by retail demand and application expansion; BNB faces short-term pressure but has long-term advantages from RWA development; TRON is driven by growth in payment applications, increased stablecoin usage, and whale accumulation. At this stage, returns will depend more on tactical position management rather than directional judgment. As Bitcoin's dominance declines, the strategy has shifted to favor altcoins that can stabilize at key levels, seizing opportunities in high-risk market conditions. In a bear market environment, emphasis should be on short-term momentum trading rather than blind bottom fishing. The current easing of token unlock pressure and low trading volume indicate limited selling pressure, supporting the overall resilience of the market.
According to news from Hash World, on March 21, Onchain Lens monitoring reported that a certain whale deposited 3 million USDC into Hyperliquid, opening a 10x leveraged short position on HYPE. Currently, the position holds 226310 HYPE, valued at approximately 9 million USD. This whale previously shorted HYPE, with a holding period that once reached 48 days, ultimately liquidating after a loss of nearly 200,000 USD.
According to news from Hash World, on March 21, Onchain Lens monitoring reported that a certain whale deposited 3 million USDC into Hyperliquid, opening a 10x leveraged short position on HYPE. Currently, the position holds 226310 HYPE, valued at approximately 9 million USD. This whale previously shorted HYPE, with a holding period that once reached 48 days, ultimately liquidating after a loss of nearly 200,000 USD.
According to reports from Caixin, on March 21, the recent rebound in gold was short-lived, showing a V-shaped reversal during the day, dropping more than 5% from the daily high and breaking the important support level of $4500. This week, gold has plummeted over 10%, reaching a seven-week low, marking the largest weekly decline since March 1983. As of Friday (March 20) at the New York close, spot gold fell 3.42%, quoted at $4491.67 per ounce, with a cumulative decline of over 10% this week; COMEX gold futures fell 2.47%, quoted at $4492 per ounce, with a cumulative decline of over 11% this week. Spot silver fell 6.8%, quoted at $67.897 per ounce, with a cumulative decline of over 15% this week; COMEX silver futures fell 4.78%, quoted at $67.810 per ounce, with a cumulative decline of over 16% this week.
According to reports from Caixin, on March 21, the recent rebound in gold was short-lived, showing a V-shaped reversal during the day, dropping more than 5% from the daily high and breaking the important support level of $4500. This week, gold has plummeted over 10%, reaching a seven-week low, marking the largest weekly decline since March 1983. As of Friday (March 20) at the New York close, spot gold fell 3.42%, quoted at $4491.67 per ounce, with a cumulative decline of over 10% this week; COMEX gold futures fell 2.47%, quoted at $4492 per ounce, with a cumulative decline of over 11% this week. Spot silver fell 6.8%, quoted at $67.897 per ounce, with a cumulative decline of over 15% this week; COMEX silver futures fell 4.78%, quoted at $67.810 per ounce, with a cumulative decline of over 16% this week.
According to Hash World News, on March 21, crypto journalist Eleanor Terrett posted on the X platform that the U.S. House Financial Services Committee plans to hold a hearing on tokenization next Wednesday at 10 AM Eastern Time, with Blockchain Association CEO Summer Mersinger invited as a witness.
According to Hash World News, on March 21, crypto journalist Eleanor Terrett posted on the X platform that the U.S. House Financial Services Committee plans to hold a hearing on tokenization next Wednesday at 10 AM Eastern Time, with Blockchain Association CEO Summer Mersinger invited as a witness.
Hash World Chain News reports that on March 21, crypto journalist Eleanor Terrett posted on the X platform stating that the U.S. House Financial Services Committee plans to hold a hearing on tokenization next Wednesday at 10 AM (Eastern Time), with Blockchain Association CEO Summer Mersinger attending as an invited witness.
Hash World Chain News reports that on March 21, crypto journalist Eleanor Terrett posted on the X platform stating that the U.S. House Financial Services Committee plans to hold a hearing on tokenization next Wednesday at 10 AM (Eastern Time), with Blockchain Association CEO Summer Mersinger attending as an invited witness.
BONKfun Restores Online Presence After Domain Hijacking; Team to Compensate Users for Losses at 110% and Backup Domain Now OnlineHearth Chain news reports that on March 21, BONKfun announced on the X platform that its official website was subjected to a malicious social engineering attack on March 11. The attacker hijacked the BONKfun domain through the domain service provider and transferred it to an external registrar. The team clarified that this incident was not due to a breach of BONK or BONKfun's internal systems, code repositories, or team accounts. After the incident, the team immediately took action: shutting down the website, coordinating with wallet service providers to mark the domain as malicious, and controlling the impact of the incident on users. This attack caused users approximately $30,000 in losses, and the team will compensate affected users 110% of the losses to cover potential opportunity costs for users. The control of the BONKfun domain was fully restored around 5 PM Eastern Time on March 18, and the main wallet provider's functionality was restored on the evening of March 19. The website is currently safely online. Some antivirus software still marks the main domain as a risk, and the team is actively addressing this issue. For users who cannot access the official website due to antivirus software blocking, a backup domain with the same functionality as the main site is now online for use.

BONKfun Restores Online Presence After Domain Hijacking; Team to Compensate Users for Losses at 110% and Backup Domain Now Online

Hearth Chain news reports that on March 21, BONKfun announced on the X platform that its official website was subjected to a malicious social engineering attack on March 11. The attacker hijacked the BONKfun domain through the domain service provider and transferred it to an external registrar. The team clarified that this incident was not due to a breach of BONK or BONKfun's internal systems, code repositories, or team accounts. After the incident, the team immediately took action: shutting down the website, coordinating with wallet service providers to mark the domain as malicious, and controlling the impact of the incident on users. This attack caused users approximately $30,000 in losses, and the team will compensate affected users 110% of the losses to cover potential opportunity costs for users. The control of the BONKfun domain was fully restored around 5 PM Eastern Time on March 18, and the main wallet provider's functionality was restored on the evening of March 19. The website is currently safely online. Some antivirus software still marks the main domain as a risk, and the team is actively addressing this issue. For users who cannot access the official website due to antivirus software blocking, a backup domain with the same functionality as the main site is now online for use.
President of the Hong Kong Securities and Futures Professionals Association: Controversy over broker account limit registration should not replicate virtual asset regulatory modelsAccording to news from the Hong Kong media, on March 21, the president of the Hong Kong Securities and Futures Professionals Association, Chen Zhihua, stated regarding the controversy over brokers' clients 'pre-registering designated bank accounts' that regulators proposed establishing a bank account registration mechanism with a cap. This approach may stem from improperly applying the regulatory ideas of virtual assets (such as pre-approval of wallet addresses) to the traditional securities industry. Chen Zhihua pointed out that virtual assets are difficult to verify ownership instantly due to blockchain addresses, and pre-approval has technical rationality. However, the flow of funds in traditional securities can be confirmed through mechanisms such as 'same-name account verification,' without the need for a one-size-fits-all restriction on the number of accounts. In comparison to the EU anti-money laundering framework, regulation should focus on penetrating beneficial ownership and identifying abnormal transactions rather than imposing preemptive account restrictions. He also suggested that regulators adhere to the 'risk-based' principle, focusing on abnormal fund flows such as 'layered transactions,' clarifying compliance standards for same-name accounts, and promoting the application of big data and AI in anti-money laundering monitoring.

President of the Hong Kong Securities and Futures Professionals Association: Controversy over broker account limit registration should not replicate virtual asset regulatory models

According to news from the Hong Kong media, on March 21, the president of the Hong Kong Securities and Futures Professionals Association, Chen Zhihua, stated regarding the controversy over brokers' clients 'pre-registering designated bank accounts' that regulators proposed establishing a bank account registration mechanism with a cap. This approach may stem from improperly applying the regulatory ideas of virtual assets (such as pre-approval of wallet addresses) to the traditional securities industry. Chen Zhihua pointed out that virtual assets are difficult to verify ownership instantly due to blockchain addresses, and pre-approval has technical rationality. However, the flow of funds in traditional securities can be confirmed through mechanisms such as 'same-name account verification,' without the need for a one-size-fits-all restriction on the number of accounts. In comparison to the EU anti-money laundering framework, regulation should focus on penetrating beneficial ownership and identifying abnormal transactions rather than imposing preemptive account restrictions. He also suggested that regulators adhere to the 'risk-based' principle, focusing on abnormal fund flows such as 'layered transactions,' clarifying compliance standards for same-name accounts, and promoting the application of big data and AI in anti-money laundering monitoring.
Iran launches the 70th wave of strikes against 5 U.S. bases and key targets in Israel, reiterates offensive strategyAccording to news from the Hashi Chain on March 21, citing CCTV International News, the Islamic Revolutionary Guard Corps of Iran issued a statement claiming that it has launched the 70th wave of operation 'Real Commitment 4'. This operation utilized 'Qiam' and 'Imad' missiles, as well as attack drones, to conduct coordinated strikes on five U.S. military bases, targeting the Sudan Prince Air Force Base, Dafra Air Force Base, Ali Salim Air Force Base, the air base in Erbil, and the U.S. Navy Fifth Fleet base. The operation also employed 'Haibar Shekan' and 'Qader' missiles to strike key targets, including Haifa and Tel Aviv in Israel. In the statement, the Revolutionary Guard reaffirmed that Iran will continue to adopt an offensive strategy and will intensify efforts to strike against any sources of aggression that violate Iranian territory and national sovereignty, while emphasizing that Iran is fully prepared to respond to the current phase of confrontation.

Iran launches the 70th wave of strikes against 5 U.S. bases and key targets in Israel, reiterates offensive strategy

According to news from the Hashi Chain on March 21, citing CCTV International News, the Islamic Revolutionary Guard Corps of Iran issued a statement claiming that it has launched the 70th wave of operation 'Real Commitment 4'. This operation utilized 'Qiam' and 'Imad' missiles, as well as attack drones, to conduct coordinated strikes on five U.S. military bases, targeting the Sudan Prince Air Force Base, Dafra Air Force Base, Ali Salim Air Force Base, the air base in Erbil, and the U.S. Navy Fifth Fleet base. The operation also employed 'Haibar Shekan' and 'Qader' missiles to strike key targets, including Haifa and Tel Aviv in Israel. In the statement, the Revolutionary Guard reaffirmed that Iran will continue to adopt an offensive strategy and will intensify efforts to strike against any sources of aggression that violate Iranian territory and national sovereignty, while emphasizing that Iran is fully prepared to respond to the current phase of confrontation.
According to reports from HashiChain News on March 21, citing CCTV News, the United States approved a 30-day authorization on March 20 local time to conditionally ease sanctions on Iranian oil products, allowing the delivery and sale of Iranian crude oil and petroleum products that had been loaded onto ships by March 20. U.S. Treasury Secretary Basent stated that the Treasury is issuing a "narrowly defined, short-term authorization" that only permits the sale of Iranian oil currently stranded at sea. By temporarily releasing existing oil supplies, the U.S. will swiftly provide approximately 140 million barrels of oil to the global market; this temporary authorization is strictly limited to oil that is already in transit.
According to reports from HashiChain News on March 21, citing CCTV News, the United States approved a 30-day authorization on March 20 local time to conditionally ease sanctions on Iranian oil products, allowing the delivery and sale of Iranian crude oil and petroleum products that had been loaded onto ships by March 20. U.S. Treasury Secretary Basent stated that the Treasury is issuing a "narrowly defined, short-term authorization" that only permits the sale of Iranian oil currently stranded at sea. By temporarily releasing existing oil supplies, the U.S. will swiftly provide approximately 140 million barrels of oil to the global market; this temporary authorization is strictly limited to oil that is already in transit.
According to news from HashWorld, on March 21, Onchain Lens monitoring reported that the Ethereum treasury company Bitmine has re-staked 101776 ETH, worth approximately 219.45 million USD. As of now, its total staked ETH has reached 3142291 coins, with a total value of approximately 6.75 billion USD.
According to news from HashWorld, on March 21, Onchain Lens monitoring reported that the Ethereum treasury company Bitmine has re-staked 101776 ETH, worth approximately 219.45 million USD. As of now, its total staked ETH has reached 3142291 coins, with a total value of approximately 6.75 billion USD.
On March 21, Ha Shilian News reported that Lily Liu, the president of the Solana Foundation, stated on the X platform that games on the blockchain are dead and will not return. This statement was made in response to a post released by Polymarket earlier this week, which mentioned that Meta, under Mark Zuckerberg, is abandoning its metaverse vision after investing $80 billion. Although Meta's vision does not explicitly include blockchain or crypto assets, its strategy shares similarities with various blockchain-based web3 game concepts.
On March 21, Ha Shilian News reported that Lily Liu, the president of the Solana Foundation, stated on the X platform that games on the blockchain are dead and will not return. This statement was made in response to a post released by Polymarket earlier this week, which mentioned that Meta, under Mark Zuckerberg, is abandoning its metaverse vision after investing $80 billion. Although Meta's vision does not explicitly include blockchain or crypto assets, its strategy shares similarities with various blockchain-based web3 game concepts.
Trump: The U.S. is considering gradually downgrading military actions against IranAccording to news from Hashi Chain on March 21, citing CCTV news reports, U.S. President Trump stated on the social media platform 'Truth Social' that the United States is considering a gradual downgrade of its major military operations against the Iranian regime in the Middle East, and is now very close to achieving the established goals, which consist of five items: 1. Completely weaken Iran's missile capabilities, launch devices, and all related facilities; 2. Destroy the foundation of Iran's defense industry; 3. Eliminate Iran's naval and air force capabilities, including air defense weapon systems; 4. Never allow Iran to even come close to possessing nuclear capabilities, while the U.S. must always maintain posture to respond swiftly and forcefully if relevant situations arise; 5. Protect U.S. allies in the Middle East with the utmost strength, including Israel, Saudi Arabia, Qatar, the United Arab Emirates, Bahrain, Kuwait, and other countries. Trump stated that the guarding and patrolling of the Strait of Hormuz should be undertaken by other countries that use the strait when necessary, and the U.S. will no longer bear this responsibility. If invited to assist, the U.S. is willing to provide support for these countries' operations in the Strait of Hormuz, but such assistance will no longer be necessary once the threat from Iran is completely eliminated. Trump also indicated that this would be an easy military operation for the relevant countries.

Trump: The U.S. is considering gradually downgrading military actions against Iran

According to news from Hashi Chain on March 21, citing CCTV news reports, U.S. President Trump stated on the social media platform 'Truth Social' that the United States is considering a gradual downgrade of its major military operations against the Iranian regime in the Middle East, and is now very close to achieving the established goals, which consist of five items: 1. Completely weaken Iran's missile capabilities, launch devices, and all related facilities; 2. Destroy the foundation of Iran's defense industry; 3. Eliminate Iran's naval and air force capabilities, including air defense weapon systems; 4. Never allow Iran to even come close to possessing nuclear capabilities, while the U.S. must always maintain posture to respond swiftly and forcefully if relevant situations arise; 5. Protect U.S. allies in the Middle East with the utmost strength, including Israel, Saudi Arabia, Qatar, the United Arab Emirates, Bahrain, Kuwait, and other countries. Trump stated that the guarding and patrolling of the Strait of Hormuz should be undertaken by other countries that use the strait when necessary, and the U.S. will no longer bear this responsibility. If invited to assist, the U.S. is willing to provide support for these countries' operations in the Strait of Hormuz, but such assistance will no longer be necessary once the threat from Iran is completely eliminated. Trump also indicated that this would be an easy military operation for the relevant countries.
According to Hash World Chain news on March 21, the Bybit market shows that spot gold has fallen below the $4500 per ounce threshold, currently reported at $4485.74, with a daily decline of 3.54%.
According to Hash World Chain news on March 21, the Bybit market shows that spot gold has fallen below the $4500 per ounce threshold, currently reported at $4485.74, with a daily decline of 3.54%.
According to a report from Bitcoin News on March 20, HashLink has announced that Morgan Stanley Wealth Management, which manages approximately $8 trillion in assets, has advised clients to allocate 0-4% in Bitcoin in their latest documents related to the Bitcoin spot ETF. Relevant calculations show that if a 2% allocation is considered, it corresponds to a Bitcoin scale of about $160 billion, which is approximately three times the current IBIT share.
According to a report from Bitcoin News on March 20, HashLink has announced that Morgan Stanley Wealth Management, which manages approximately $8 trillion in assets, has advised clients to allocate 0-4% in Bitcoin in their latest documents related to the Bitcoin spot ETF. Relevant calculations show that if a 2% allocation is considered, it corresponds to a Bitcoin scale of about $160 billion, which is approximately three times the current IBIT share.
According to HashLink News on March 20, Onchain Lens reported that a mysterious whale address used approximately 30.72 million USDT to purchase 14,425 ETH at a price of 2,130 dollars. After this purchase, the address holds a total of 117,814 ETH, which is approximately 252 million dollars at the current price.
According to HashLink News on March 20, Onchain Lens reported that a mysterious whale address used approximately 30.72 million USDT to purchase 14,425 ETH at a price of 2,130 dollars. After this purchase, the address holds a total of 117,814 ETH, which is approximately 252 million dollars at the current price.
According to Hash World Chain news, on March 20, a16z co-founder Marc Andreessen made the above statement during a discussion about OpenClaw. In this discussion, some opinions have compared OpenClaw to the 'early internet', emphasizing that although it is not yet mature, it has the potential for transformative change. The community is discussing the roles of OpenClaw and Pi in autonomous agents, developer workflows, and accessibility, as well as whether the two can break ground alongside foundational software such as operating systems, browsers, and LLMs. It should be noted that the Pi here is not the mobile mining project Pi Network, but rather the 'Pi Model / Pi Intelligent Agent' in AI/agent systems, which needs to be used in conjunction with OpenClaw.
According to Hash World Chain news, on March 20, a16z co-founder Marc Andreessen made the above statement during a discussion about OpenClaw. In this discussion, some opinions have compared OpenClaw to the 'early internet', emphasizing that although it is not yet mature, it has the potential for transformative change. The community is discussing the roles of OpenClaw and Pi in autonomous agents, developer workflows, and accessibility, as well as whether the two can break ground alongside foundational software such as operating systems, browsers, and LLMs. It should be noted that the Pi here is not the mobile mining project Pi Network, but rather the 'Pi Model / Pi Intelligent Agent' in AI/agent systems, which needs to be used in conjunction with OpenClaw.
According to Hash World News, on March 20, data from CoinAnk shows that the total liquidation amount in the cryptocurrency market over the past 24 hours reached $179 million, of which long positions accounted for $106 million and short positions accounted for $73.0635 million. The total liquidation amount for BTC was $75.8126 million, and for ETH it was $33.8656 million.
According to Hash World News, on March 20, data from CoinAnk shows that the total liquidation amount in the cryptocurrency market over the past 24 hours reached $179 million, of which long positions accounted for $106 million and short positions accounted for $73.0635 million. The total liquidation amount for BTC was $75.8126 million, and for ETH it was $33.8656 million.
According to Hashi Chain News, on March 20, news reports that Iran's Supreme Leader Mujtaba publicly stated that recent attacks against Turkey and Oman are by no means the work of the Iranian armed forces or their allies. He pointed out that these attacks are "false flag operations," used by Iran's enemies to sow discord among neighboring countries, and such situations may also occur in other countries.
According to Hashi Chain News, on March 20, news reports that Iran's Supreme Leader Mujtaba publicly stated that recent attacks against Turkey and Oman are by no means the work of the Iranian armed forces or their allies. He pointed out that these attacks are "false flag operations," used by Iran's enemies to sow discord among neighboring countries, and such situations may also occur in other countries.
According to Hashi Chain News, on March 20, the South Korean Ministry of Foreign Affairs stated that the South Korean government has decided to join the "Joint Statement on the Strait of Hormuz" issued by the 7 countries, including the United Kingdom, France, Germany, Italy, Japan, the Netherlands, and Canada. The South Korean Ministry of Foreign Affairs stated that this decision comprehensively considers the South Korean government's fundamental position on the security of international maritime channels and freedom of navigation, the trends in the international community, and the direct impact of disruptions to navigation in the Strait of Hormuz on South Korea's energy supply and economy. The aforementioned 7 countries issued a joint statement on March 19, condemning Iran's de facto blockade of the Strait of Hormuz.
According to Hashi Chain News, on March 20, the South Korean Ministry of Foreign Affairs stated that the South Korean government has decided to join the "Joint Statement on the Strait of Hormuz" issued by the 7 countries, including the United Kingdom, France, Germany, Italy, Japan, the Netherlands, and Canada. The South Korean Ministry of Foreign Affairs stated that this decision comprehensively considers the South Korean government's fundamental position on the security of international maritime channels and freedom of navigation, the trends in the international community, and the direct impact of disruptions to navigation in the Strait of Hormuz on South Korea's energy supply and economy. The aforementioned 7 countries issued a joint statement on March 19, condemning Iran's de facto blockade of the Strait of Hormuz.
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