Odaily reported that according to NewsNation, a US official stated that despite Trump claiming Iran violated the ceasefire agreement, negotiations between the US and Iran are expected to continue.
Meanwhile, according to Iran's Nour News, a spokesperson for the Islamic Revolutionary Guard Corps denied reports of a direct demarcation line between Iran and the US in the Strait of Hormuz, calling them "completely false," and stated that the Strait of Hormuz is "Iranian territory with no US involvement." (Jin Shi)
Odaily Planet Daily News According to AXIOS: Officials from Israel and Lebanon say they expect the two governments to announce a framework agreement today. (Jinshi)
Odaily reported that US President Trump stated that many European countries have been discussing the imminent imposition of a digital services tax on American companies. Some of these countries are already close to implementation. He hereby declares that any country imposing such a tax will immediately face a 100% tariff on all its goods exported to the United States. (Jin10)
Odaily reported that He Yi posted on X platform: “Any emerging industry will encounter varying degrees of regulatory and competitive challenges during its development, much like Airbnb and Uber (try asking AI which countries have banned them?). Yet this hasn't prevented them from becoming the greatest internet companies of the mobile internet era.
Binance has always regarded the issues we face as opportunities to enhance our team's capabilities and standards. Over the past few years, we have set the industry benchmark for user asset transparency and established the highest compliance standards in the sector. It may take time for regulatory authorities in the EU region to build effective communication and trust with Binance, but we will not give up. We will continue to adhere to the gold standard of compliance in the global crypto industry.
Compliance is a topic of great concern recently, and I believe this reflects the industry’s progress, signaling a transition from its wild west phase toward self-discipline and restraint. However, the lesson I've learned this time is: companies that hold licenses are not necessarily compliant or self-disciplined, and Binance’s adherence to gold-standard compliance may not guarantee obtaining a license. But our goal is the stars and the sea—not rolling in the mud with competitors. We will hold ourselves to the highest industry standards.”
Odaily reported that after receiving a phone call from the Trump administration, OpenAI decided to restrict the deployment of GPT 5.6. In an internal memo, OpenAI CEO Sam Altman stated that the company would provide a limited preview version of GPT-5.6 to a small number of partners, with the U.S. federal government "approving customer access on a case-by-case basis." If the testing goes smoothly, the model will be publicly released on a broader scale in a few weeks. (TheGuardian)
Odaily reported that U.S. President Donald Trump stated that Iran has launched at least four one-way attack drones at vessels traversing the Strait of Hormuz. This is a foolish violation of our ceasefire agreement. (Jin10)
Odaily Planet Daily News: Fed official Kashkari said, “I am concerned about inflation, and this is not just related to the situation in the Middle East, but rather a sign of broader inflationary pressures in the economy.” The Iran war has pushed up oil prices, with prices also rising across numerous categories. This has intensified concerns among some Fed officials that inflation is more widespread and persistent, potentially requiring stronger action from the central bank. A report released earlier this week showed that the May PCE annual rate recorded 4.1%, the largest increase since April 2023. Prices have exceeded the Fed's 2% target for more than five years. In the dot plot projections released by the Fed last week, half of the officials who submitted dot plot forecasts predicted at least one rate hike this year. (Data from Jinshi)
Odaily reported that several U.S. lawmakers are calling for an investigation into the prediction market platform Polymarket, citing concerns that its advertising may contain misleading content. According to reports, the lawmakers believe that Polymarket's marketing efforts may not have clearly disclosed the nature of its products and associated risks, potentially misleading users. Some legislators have requested regulatory bodies to assess the platform's advertising compliance and information disclosure standards. (WSJ)
Odaily reported that, according to Gate data, WTI crude oil fell 4.00% intraday and is now at $68.47 per barrel. Brent crude oil extended its intraday decline to 4.00% and is now at $72.17 per barrel.
Odaily News, Federal Reserve's Kashkari stated that he expects one rate hike in 2026, with rates remaining unchanged in 2027, and needs to see how effective the lack of forward guidance will be. (Jin Shi)
Odaily Planet Daily reported that according to the Islamic Republic News Agency (IRNA): The heads of customs of Iran and Oman have proposed establishing a joint committee to implement the customs agreement. (Jinshi)
According to Odaily, the "Trump Account" initiative launched in the United States has announced that registration and initial deposits will open on July 4th. First proposed alongside the "Great American" bill, the account allows parents to set up tax-deferred investment accounts for children under 18. Family members, friends, and employers can jointly contribute to the account, with a maximum annual deposit of $5,000, which will be adjusted for inflation in the future. Additionally, the Trump Account permits employers to provide subsidized contributions for employees' children, up to $2,500 per year. Once the account holder turns 18, the account will automatically convert into a traditional IRA structure, allowing continued investment and additional contributions. (Source: war.gov)
Odaily reported that according to Onchain Lens monitoring, two additional wallets sold 20,000 ETH, swapping for 31.44 million USDS. Currently, a total of four wallets have sold 37,598 ETH at $1,560, swapping for 58.69 million USDS.
Odaily reported that Galaxy Research Director stated on platform X that due to a shortened legislative calendar and increased competition for floor time from other matters, they have once again lowered the probability of the CLARITY Act passing in 2026. They still believe a vote will take place in July and hope the bill receives 60 supportive votes, but the outcome remains uncertain at this time. (Cointelegraph)
According to sources, OpenAI is considering an initial public offering as early as 2027, by which time its AI rival Anthropic may have already gone public. Sources say that although both companies have confidentially filed for IPOs with the U.S. Securities and Exchange Commission (SEC), OpenAI's management expects Anthropic to be the first to market. Media reports previously indicated that OpenAI aims to go public this fall, while Anthropic is considering an IPO as early as October. Sources noted that recent volatility in tech stocks has affected OpenAI's IPO timeline. Relevant discussions are still ongoing, and details regarding OpenAI's IPO plans may change. (Jinshi)
Odaily reports that the business combination between Securitize and SPAC Cantor Equity Partners II (NASDAQ: CEPT) is expected to raise approximately $400 million (including PIPE, before deducting related expenses). Upon completion of the merger, the new company will be renamed Securitize Corp., and its common stock is planned to begin trading on the New York Stock Exchange under the ticker "SECZ" starting July 2. The CEPT shareholder meeting is scheduled to vote on the transaction on June 29, with the current redemption rate below 30%. Securitize claims to have obtained regulatory licenses related to digital securities infrastructure in both the United States and the European Union, managing over $4 billion in on-chain real-world assets. (PR Newswire)


