Trump Rejects $300B Iran Payout as Bitcoin Hits Two-Week High
Trump rejected reports that the United States would pay Iran $300 billion as fake news while traders debated whether any fund could use Bitcoin or stablecoins. Vice President JD Vance said Iran could access money only by honoring commitments, and Gulf states would supply the money. Washington and Tehran expect to sign a preliminary memorandum of understanding on June 19.
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