President Donald Trump announced on May 6, 2026, that Iran agreed not to develop or acquire nuclear weapons. The declaration came during a broader diplomatic push that includes military strikes, ceasefire proposals, and the seizure of $1 billion in Iranian-linked cryptocurrency assets.
An earlier action had frozen $344 million in similar digital assets, bringing the total targeted to $1.3 billion. Trump expressed optimism but said a final deal has not yet been confirmed by Iran.
Negotiations are tied to a proposed 60-day ceasefire in the US-Iran conflict. Any agreement would include strict conditions on enriched uranium production. The last major nuclear deal, the JCPOA, took over two years to negotiate before Trump withdrew from it in 2018.
Meanwhile, Bitcoin is climbing toward $74,000, as geopolitical uncertainty pushes capital toward safe-haven assets like Bitcoin and gold.