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According to a report by Jinse Finance, two U.S. officials have revealed that last month, the Iranian military loaded naval mines onto vessels in the Persian Gulf, preparing to lay mines in the Strait of Hormuz. This previously unreported preparation was detected by U.S. intelligence agencies. They stated that Iran initiated these actions shortly after Israel launched its first round of missile strikes against Iran on June 13. Although the mines have not yet been deployed in the Strait of Hormuz, the act of loading them suggests that Tehran may indeed be seriously considering closing one of the world’s busiest shipping lanes. If carried out, this move would further escalate the already intensifying conflict and severely disrupt global trade. It is currently unclear whether the mines have since been unloaded. The sources did not disclose how the U.S. determined that Iranian vessels were carrying mines, but such intelligence is typically gathered through satellite imagery, covert human intelligence, or a combination of both.

According to a report by Jinse Finance, on Tuesday local time, the U.S. Senate narrowly passed President Donald Trump’s “Beautiful Act.” However, to the disappointment of crypto industry leaders, the bill failed to include the key tax amendment for crypto users that they had previously advocated for. In the final hours of intense negotiations before the bill’s passage, pro-crypto senators led by Cynthia Lummis (Republican, Wyoming) and industry policy leaders made efforts to attach an amendment containing several crypto-related tax incentives to the bill. These incentives would have benefited crypto miners, stakers, enterprises holding large amounts of cryptocurrency, and ordinary digital asset users. Ultimately, time ran out and the amendment was not brought to the Senate for consideration. A crypto policy leader described the outcome as a “missed opportunity,” stating that they “simply ran out of time.”