The United States and Iran have reached a final agreement after months of indirect negotiations, with Pakistan serving as the key mediator. An official announcement is expected imminently.
The deal follows a diplomatic process that began in March 2026, including a conditional ceasefire in April and high-level talks described as challenging.
Key elements of the agreement include an immediate ceasefire extension, reopening the Strait of Hormuz, partial sanctions relief for Iran, and deferring nuclear discussions to a later date.
On the financial front, the US Treasury froze $344 million in Iranian-linked digital assets in April 2026, bringing total seizures to nearly $500 million. Iran responded by authorizing locally issued digital tokens for imports.
Bitcoin reacted to the developments, climbing to $69,000 when ceasefire hopes surged in early April.
The fate of the seized assets under the new agreement remains unclear, with questions about whether they will be released or held as leverage in future talks.