Stablecoins fill gap as traders face debanking
Commodity traders in Europe are increasingly being cut off from traditional banking services as geopolitical risks linked to Iran push banks to reduce exposure.

Jon is a former international magazine editor with a strong background in business publications (print and digital) in the Middle East and Australia.
Commodity traders in Europe are increasingly being cut off from traditional banking services as geopolitical risks linked to Iran push banks to reduce exposure.
Whales have continued accumulating Official Trump (TRUMP) tokens ahead of a crypto event at Mar-a-Lago, even as the price dropped to around $2.82 after erasing earlier gains.
MicroStrategy said its Bitcoin holdings need only 2.05% annual growth to cover all preferred stock dividends indefinitely, highlighting the strength of its crypto-backed capital strategy.
Prime Minister Anthony Albanese and Foreign Minister Penny Wong are set to depart for Brunei Darussalam and Malaysia this week.
Shipping companies that consider using cryptocurrency to pay potential transit fees to Iran could face serious sanctions exposure, according to blockchain intelligence experts.
Pony.ai (NASDAQ:PONY), a global leader in autonomous driving technology, announced on April 10, 2026, the official launch of PonyWorld 2.0.
Magellan Financial Group (ASX:MFG) shares rise as shareholders overwhelmingly approve the Barrenjoey merger.
Magnum Mining and Exploration (ASX:MGU) mobilised a large-scale drilling offensive at its wholly-owned Azimuth Project.
Engineering heavyweight Monadelphous Group (ASX:MND) announced new construction and maintenance contracts valued at around $145 million.
Lockheed Martin (NYSE:LMT) announced on April 10, 2026, that it has received a $4.7 billion undefinitized contract action (UCA) from the U.S. government to rapidly accelerate the production of PAC-3 Missile Segment Enhancement (MSE) interceptors.
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