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Cointime News Wrapup-Afternoon: UK Treasury Seeks Input on Taxing DeFi Staking and Lending
To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.
On April 25, according to a reporter from the New York Post: The Iranian delegation is set to leave Islamabad, the capital of Pakistan, and has consistently emphasized that they did not meet with U.S. officials during their brief visit.
On April 25, according to a report by Iran's Mehr News Agency, Iranian Islamic Parliament member Behnam Saidi stated that Iran has developed a comprehensive plan for managing the Strait of Hormuz. In an interview with Mehr News Agency, Saidi mentioned that an important aspect of this plan is the exclusive recognition of the name 'Persian Gulf' in all correspondence and commercial documents, rejecting any other names. Vessels and ships navigating in the region must obtain permission from Iran. Sovereignty over the Strait of Hormuz will be entirely under Iran's control. He also stated that vessels identified as hostile by the Supreme National Security Council or the General Staff of the Armed Forces of Iran are not allowed to pass through the Strait of Hormuz, and Israeli vessels are absolutely prohibited from entering the area. Ships passing through the region must pay relevant fees concerning safety, environmental protection, shipping management, and licensing, with priority given to payments in rials.
Sources reveal that the main reason for DeepSeek's current fundraising effort is the significant recent talent loss. Several core researchers have left the company to join ByteDance, Tencent, Xiaomi, and autonomous driving company Yuanrong Qihang. Meanwhile, competitors Zhiyu Technology and MiniMax have listed on the Hong Kong Stock Exchange, and the company Dark Side of the Moon has completed three rounds of financing in the first three months of this year, with a valuation more than quadrupling since the end of last year.
On April 25, according to CCTV International News, Iran's Khatam al-Anbia Central Command issued a statement today warning that if U.S. forces continue to implement 'blockades, maritime interceptions, and piracy actions' in the region, they will face a strong counterattack from the Iranian armed forces. The statement emphasized that the U.S. should recognize that Iran's military capabilities and preparedness in safeguarding national sovereignty, territorial integrity, and national interests are stronger than ever, as demonstrated in previous conflicts. The statement also noted that Iran will continue to monitor enemy actions and movements and maintain control over the Strait of Hormuz. Should the enemy take further actions, Iran will respond with even harsher strikes.
On April 25, official sources from Pakistan stated that Iran has adopted a tougher position compared to the first round of negotiations, emphasizing that any plan to end the war must be implemented according to Iran's conditions, rather than those proposed by U.S. President Trump. (Xinhua News Agency)
On April 25, the Wall Street Journal reported that a senior Iranian diplomat stated Iran is open to negotiations with the United States but will not abandon its uranium enrichment activities. Iran's ambassador to India, Mohammad Fathali, posted on social media on Saturday, saying, 'Negotiations can yield appropriate results only when our opponents recognize our country's right to peacefully utilize nuclear energy.' The report indicates that the U.S. is currently seeking to have Iran suspend its uranium enrichment program for up to 20 years.
On April 25, according to CCTV International News, in the context of stalled substantive progress in US-Iran negotiations, Israel has been intensifying preparations to restart the war. Israeli media analysis suggests that Israel has not fully achieved its set war objectives. Since the temporary ceasefire, Israel's substantial military readiness expansion has never ceased, including replenishing weapons and ammunition, updating its list of targets for strikes against Iran, and formulating joint military plans with the US military. Once the US decides to resume military actions, Israel will ensure it can respond immediately.
On April 24, NVIDIA's stock price rose by 3.08%, reaching $205.790 per share, with a total market value of $5.00 trillion. The stock price hit a new high since late October 2025.
On April 24, the Ethereum Foundation announced the finalization of a sale of 10,000 ETH to BitMine, the first treasury company of Ethereum, through an over-the-counter (OTC) trading platform, at an average price of $2,387 per ETH.
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