Illustration of CoinEx denying crypto transactions with sanctioned Iranian entities, showing blockchain flows and denial stamps.
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CoinEx denies knowledge of $3.84 billion flows to sanctioned Iranian entities

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Blockchain analytics firm TRM Labs reported that CoinEx facilitated more than $3.84 billion in crypto transactions with over 60 sanctioned Iranian platforms over seven years. CoinEx rejected the claims and stated it has begun exiting Iran-related business.

The Senate voted 50 to 48 on Tuesday to direct the removal of U.S. forces from hostilities with Iran. The measure, already approved by the House earlier this month, is symbolic and does not require presidential signature.

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U.S. Treasury Secretary Scott Bessent said Iran has committed to free and open transit through the Strait of Hormuz and the return of International Atomic Energy Agency inspectors.

Bitcoin climbed above $65,000 amid reports of progress toward an interim US-Iran agreement that would reopen the Strait of Hormuz. Oil prices fell sharply while US stock futures advanced. Conflicting statements have emerged on the exact signing timeline.

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The United States and Iran have reached a peace agreement that ends military operations in the Middle East immediately. The signing is scheduled for June 19 in Geneva.

Iran fired ballistic missiles at Israel on Sunday, prompting Israeli retaliation that defied direct appeals from President Donald Trump. Both sides later pledged to halt further attacks on each other.

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Egyptian and Qatari foreign ministers met on Sunday to review proposed elements of a US-Iran agreement and terms for a Gaza ceasefire. The talks focused on bridging views in ongoing negotiations aimed at ending regional conflict.

 

 

 

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