The US and Iran signed a digital memorandum of understanding to extend the ceasefire, reopen the Strait of Hormuz, and begin talks on $24B in frozen assets.

The document provides for the opening of the Strait of Hormuz and the launch of negotiations on Tehran's nuclear program, Axios quoted sources as saying

Iran and US are close to signing a non-binding MOU to extend the ceasefire by 60 days and reopen the Strait of Hormuz, with crypto market implications.