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Iran’s President Says Tehran, Washington Plan to Sign Memorandum on June 19
Minseung Kang
Summary
- Iranian President Masoud Pezeshkian said Iran and the US plan to sign a memorandum of understanding on June 19.
- Markets are focused on whether the memorandum of understanding will be signed on June 19 and the specific terms of the agreement.
- If the signing proceeds as planned, it could provide additional relief for investor sentiment toward risk assets such as global equities and cryptocurrencies.
Iranian President Masoud Pezeshkian said Iran and the US plan to sign a memorandum of understanding on June 19. The move would set a date for putting any agreement in writing as expectations build for easing tensions between Tehran and Washington.
BlockBeats, a digital-asset news outlet, reported on June 15, citing Iranian media, that Pezeshkian made the comment about the planned June 19 signing.
Markets are watching whether the memorandum is signed on June 19 and what terms it will include. If the process goes ahead as scheduled, that could provide an added boost to sentiment toward risk assets such as global equities and cryptocurrencies.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
