Trump Administration has frozen USD 344mln in crypto assets over links to Iran, CNN reports

The freeze of USD 344 million in crypto assets by the Trump Administration due to ties with Iran signals heightened regulatory scrutiny, potentially impacting market sentiment surrounding crypto assets.

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Iranian sources: Araqchi will not meet with any American official in Pakistan, via Sabereen News (IRGC affiliated)

Hezbollah said it hit an Israeli army Hummer vehicle at the entrance to Qantara in southern Lebanon, according to Al Jazeera

Trump Administration has frozen USD 344mln in crypto assets over links to Iran, CNN reports

SLB (SLB) says it is seeking to recover higher costs following supply chain disruptions from the Middle East, is passing on inflation cost to customers via clauses in contracts

US official says President Trump is sending envoys Witkoff and Kushner to Pakistan for talks with Iranian Foreign Minister

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This move could exacerbate geopolitical tensions, influencing safe-haven flows into USD, gold, and possibly benefitting equities negatively, especially within sectors tied to risk appetite. Traders should monitor potential ripple effects across currencies and commodities as the situation evolves.

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