Qatar confirms draft deal circulating to restart US-Iran talks, and crypto markets are already pricing it in

Qatar has confirmed that a draft agreement aimed at restarting US-Iran negotiations is actively circulating between the two parties. The 14-point memorandum of understanding, first reported by Iranian state media, represents one of the most concrete steps toward de-escalation in the region in years. The draft includes an immediate ceasefire, the reopening of the Strait of Hormuz, and the potential release of $24 billion in frozen Iranian assets during a proposed 60-day negotiation window focused on nuclear issues and sanctions relief. What’s on the table in Doha US envoys Jared Kushner and Steve Witkoff arrived in Doha around June 30 for discussions with Qatari officials. Qatar has been serving as the intermediary, facilitating separate meetings between US and Iranian delegations rather than putting both sides in the same room. President Trump has acknowledged progress in the discussions, using the phrase “great deal” to describe the trajectory. Iran has stated that no “final decision” has been reached on the draft agreement. Direct dialogue between US and Iranian officials hasn’t materialized. Everything is still running through Qatari intermediaries. Technical talks have continue...