[Binance Square Recap]

The US-Iran economic war escalates! US Treasury Secretary Bessent announced that it will implement the “Economic D-Day” action by expanding the scope of secondary sanctions against Iran, forcing trade partners to choose: cut ties with Tehran or lose access to the US dollar system.

Exchange updates: LIT successfully launched on the Upbit KRW market, with a market cap of about $912 million; PROM was listed on Bithumb for a KRW trading pair; SAND has been designated by Upbit as a trading warning project—be mindful of the risks.

The situation in the Middle East remains tense. The number of transits through the Strait of Hormuz has declined. Iran threatens that if the economic war continues, it will completely stop oil exports. Since the US military blockade, it has intercepted 75 merchant vessels.

NFA | DYOR

#美伊局势 #加密市场 # Exchange launched