CoinEx News: US President Donald Trump and Iranian President Masoud Pezeshkian have signed a memorandum of understanding, or MoU, to extend the ceasefire and start reopening the Strait of Hormuz. An MoU is not a final peace treaty. It is a temporary framework that has taken effect and gives both sides up to 60 days to negotiate a full agreement.

The next steps are the real test: safer shipping through Hormuz, the pace of US sanctions relief, talks over Iran’s nuclear program, and whether Israel or regional fighting disrupts the process. For crypto users, the link is simple: if oil-shock risk falls, markets may feel less pressure from inflation fears; if the deal stalls, geopolitical risk can return to BTC and ETH pricing.