One of the key to reconciliation is unfrozen

@OdailyChina

Author: Wenser (@wenser  2010 )

On 10 June, the 103rd day of the war between the United States and Iraq, the peace talks between the United States and Iraq were still difficult and inconclusive。

Today, following the Israeli strike against IraqNews from American officialsThe third round of American strikes against Iran has also opened, andThe fire is overI don't know. Behind this century’s conflict, the key to reconciliation is not only the deeper issue of Iran’s nuclear weapons and uranium enrichment raw materials, the current key card points on both sides, or Iran’s assets frozen by the United States, worth $24 billion, including some $1 billion of encrypted assets。

Where did this asset come from? What does encrypted assets include? Can the two sides agree on this laterThese are the main elements of our discussion here。

Trump's ludicrous "hot side": hard and compromise

Whether or not the conflict between the United States and Iraq will end with peace talks, the key figure is naturally United States President Trump. But, given the fact that the business people are of a particularly trumpy nature and are more interested in real interests than politicians’ presidents, their external image is also very fragmented: on the one hand, they speak hard and softly, and, on the other hand, they are used to questioning the Iranian side and the world media on the pretext of peace talks, reconciliation, and “a deal to be reached” in order to “manage capital markets” or even more unsuspecting。

According toCNN coverageSince the outbreak of fighting in Iran on February 28, Trump has spoken more than 30 times in social media, in public and in telephone interviews with media journalists about to be reached (Odaily Daily: at least 37 times)。

In the light of this, Iran, for its part, does not have the illusion that the peace talks will be “one by one”, but rather divide them into four phases。

4 JuneIranian Media Fars News MessageThe Iranian side outlined a four-phase plan for an agreement with the United States:

• The first phase focused on the complete cessation of military operations on all fronts, including Iran, the United States and the axis of resistance
• At the heart of the second phase are measures to implement four key issues, including the Strait of Hormuz and related mechanisms, the lifting of the blockade, the lifting of oil restrictions and sanctions, and the unfreezing of some Iranian assets
• The third phase will launch broader negotiations on sanctions and nuclear issues once objective and verifiable measures are implemented
• The fourth phase involves the establishment of an oversight committee to monitor the implementation of agreements and follow up on parties ' compliance。

The first phase of the effort, which was preceded by a truce between the United States and the Islamic Republic of Iran and was affected by renewed Israeli attacks against Iran, the volatile situation in Lebanon, and the second phase, which was the main cut-off point in the peace talks between the United States and the Islamic Republic of Iran。

Specific amount of assets frozen by Iran: US$ 24 billion claimed by Iran and US$ 1 billion seized

Before thatACCORDING TO CNNA United States official familiar with the negotiations stated that one of the key remaining issues in the US-Iraq negotiations was the issue of economic compensation, as Trump was eager to reach an agreement that would be considered superior to the Obama administration。

The official saidIran has indicated to the facilitators that, once the parties have agreed on the initial memorandum of understanding, they wish to receive some form of financial compensation as soon as possible, rather than postponing it to a future date. Trump’s officials, however, fear that unfreezing funds at such an early stage could mitigate the economic damage to Iran – which could be eliminated, or at least weaken, a key leverage that Washington holds on Tehran. Such leverage will be crucial for the United States to enter into the second phase of negotiations to discuss the specific details of Iran ' s nuclear programme。Trump has made it clear to his team that he wants any agreement to look much stronger than the deal reached in 2015 and to avoid any action that might be interpreted as a "soft cash delivery"-- I don't know. Trump used this to criticize Obama’s decision to provide economic compensation to Iran。

June 6thMedia reportsThe potential agreement between the United States and Iran depends on whether the United States agrees to release $24 billion of frozen Iranian assets. That amount was followed upConfirmation by Iranian officialsI don't know。

On the same dayIranian Tasnim News AgencyI don't knowQazim Gharibabadi, Deputy Minister for Legal and International Affairs of the Ministry of Foreign Affairs of Iran, stated that, once any memorandum of understanding was signed with the United States, at least 50 per cent of Iran ' s frozen financial assets must be unfrozen immediately. He added that the remaining funds should be unfrozen “for a limited period of one to two months after the signing of the agreement”。According to Garibabadi, these assets belong to Iran and are “illegally frozen” by the United States, and unfreezing them is a central requirement of any potential understanding. He indicated that the remaining details of the access to the financial mechanism, including technical and financial arrangements, would be further negotiated during the 60-day implementation period following the signing of the memorandum of understanding。

But the request was madeTrump refused: It indicated that it would not unfreeze Iranian assets or lift any sanctions in advance of any agreement。

At the end of May, Scott Bessent, United States Treasury SecretaryIn an interview with Fox NewsThe United States has seized approximately $1 billion of Iranian encrypted assets. Bessent claimed that the operation was part of the sanctions against the Iranian regime and its network of agents and that the funds had been frozen。These include the $344 million USDT stabilization currency frozen by the stabilizer Tether in April this year, as well as other encrypted currencies such as BTC, ETH。

It stated that prior to the intervention of the United States Treasury, the Iranian regime would steal between $400 million and $500 million per month and distribute that money to dozens of high-ranking officials。“We are working with allies across Europe to seize various villas, houses and properties,” Becent explained. “This money was actually taken from the Iranian people.”Bitcoin News also analysed that the figure given by Becent at the time of his first disclosure in late April was about “near $500 million”, while the latest figure on 29 May had broken the $1 billion mark, suggesting that the enforcement of this operation, named “Operation Economic Fury”, continued to increase。

It's worth mentioningWikipedia InfoThe United States had even previously seized a skyscrapers building in Manhattan (with a value of over $1 billion) and its accumulated rent (approximately $50 million)。

Furthermore, according to the latest media sources, the United States is considering using Iran's frozen assets to finance the reconstruction and rehabilitation of Gulf States affected by the “United States-Iran conflict”. According to inside sources, the United States Secretary of the Treasury, Scott Bessent, has instructed the team to assess Iran ' s losses to Gulf allies. In addition, the United States is considering using Iran ' s frozen assets to cover potential future losses。

From the above information, even though Trump did last nightOrganisation“It is very close to reaching a very good, strong and powerful agreement”, but it is still difficult to reach a settlement before the United States-Iraq conflict can determine how to proceed with reparations and the freezing of assets。

AS FOR THE IMPACT ON ENCRYPTED ASSETS, THE FOCUS IS ALSO LIMITED TO THE MACRO-LEVEL IMPACT ON LARGE-SCALE DEVELOPMENTS IN THE ENCRYPTED MARKET, WITH LESS IMPACT ON MARKET BUSTS IN SPECIFIC CURRENCIES SUCH AS BTC, ETH。

For some time to come, despite the desire of both sides to put an end to the conflict as soon as possible, it is constrained by the dispute over interests and the international situation, which may remain the norm for the United States, Iran and, indeed, Israel。