US Freezes $344M Iran Crypto — Full Breakdown & Transcript

[00:01] Assalam Walekum, hope you are well. Today's big news, has America really seized Iran's crypto currency accounts? Is this a new era of digital warfare ? We will discuss this news in today's video. And how important is this news to

[00:15] you as an individual ? I will definitely tell you this also. A small request before we proceed further in the video. If you haven't subscribed to the channel yet, please do so. Press the bell icon. Imagine if the money in your bank account is suddenly frozen one day.

[00:29] Exactly the same situation is happening with Iran at this time. Approximately $344 Iran at this time. Approximately $344 million has been frozen by the US. Well, here some people are spreading wrong news that brother, they have not been frozen but have been

[00:43] seized. Brother, know the difference between freeze and seaze. Freeze means temporarily blocked. Seiz means that brother, he has definitely killed it. Now they cannot return to Iran. Absolutely this has happened with Iran and

[00:57] no one was expecting this news that this war would reach this level. The US believes that a major source of funding for Iran, which is still surviving and retaliating, and retaliating,

[01:10] know that there are already sensations on it. Your payments cannot be made through proper banking channels. So the tool that Iran is using is crypto currency and within crypto currency the company that it is using, you must have

[01:24] heard the name of Tether company, when we talk about stable currency USDT, now the company that runs USDT is Tether, what did America do, all the is Tether, what did America do, all the accounts and wallets related to Iran

[01:37] where there were USDTs whose value was approximately 344 million, America has frozen them, the Treasury Department of America feels that if we block this money then we have already imposed sanctions. If we

[01:53] block their crypto currency route also, then we can dominate. And right now because you know the fun nights are going on. Every effort is being made for this inside Pakistan also. So in that too, America wants that we should not get the upper hand.

[02:06] We can apply pressure in any way. Now why is this news so important? The threat that was given to crypto currency was that no one can steal it from you. No one can access it. After hearing this news, this impression seems to be proved wrong once again.

[02:22] As we used to say, brother, crypto currency is on blockchain. But we saw people's crypto wallets getting hacked. We saw an entire exchange hacked and a significant amount of money was withdrawn. So is it

[02:36] safe to keep crypto currencies in the wallet or will your money be frozen or withdrawn any day? or will your money be frozen or withdrawn any day? ? See, this was the reason why crypto was not being legalized in Pakistan for so long

[02:52] because they wanted to bring it through proper channels so that whatever transaction you do is monitored and its tax goes to the Government of Pakistan, which is their right. Well, the situation regarding crypto currency is improving in Pakistan

[03:06] and its purpose here was also to stop the money that is sent abroad illegally or to fund any organization that fund any organization that

[03:20] these regulations are made to control this thing. Now the question arises here that brother, this news has come. America froze Iran's currencies. But what about the common man, you and I, who do not have such huge amounts,

[03:35] Do we need to worry ? Brother, here I believe that try to use any exchange only for trading purposes. Do

[03:47] n't store your money there. What a lot of people do is exchange their savings, for example, any exchange. I am not naming any exchange. USDT is brother's savings. We will sell it when it goes up. Yes, if

[04:00] you want to buy BTC, Ethereum, trade or invest from a trading point of view But what do smart people do at that time ? Two types of wallets are used here. There are soft wallets and there are hard wallets.

[04:13] Hard wallets are just like a USB. That wallet opens with one of your proper keys. Apart from this, people also get a key for more safety and security. Physical keys. Those keys are there unless you put them on your laptop or attach them to your mobile.

[04:27] You cannot even login to your account. Unless someone has that key , no one can access your account, login to it , or withdraw money from it. So my recommendation to you is that if you

[04:40] For example, you have bought BTC and you want to sell it after 5-6 years when it goes up, then do not keep it on the exchange. Pick it up from the exchange and bring it into your wallet. Be it a soft wallet or a hard

[04:54] wallet. Wallets are still safe. But again brother, the way things are slowly moving, I feel that nothing is safe. Ultimately, we will again come to the same situation that whatever physical gold we have at home or whatever

[05:07] paper currency we have, that will be ours. After all, we will not have any control over anything. Well, these are all assumptions right now and hopefully this will not happen. Things will move towards further improvement. Just a news update came. So I said I

[05:20] must share it with my audience. So if you also get any update about this news then please tell me in the comments. Inshallah Majeed, if any update comes then I will definitely let you know. Till then take great care of yourself. Long live Pakistan.

[05:34] great care of yourself. Long live Pakistan.