The United States has seized $1 billion worth of cryptocurrency from Iran, according to U.S. Treasury Secretary Bentsen. This significant action underscores ongoing tensions and regulatory measures against Iran's financial activities. Meanwhile, U.S. money market funds have reached a record $8.281 trillion, driven by investor demand for cash-like assets amid uncertainty over the Federal Reserve's monetary policy. Approximately $66 billion flowed into these funds in the last week of May, with $41 billion entering on a single day as investors adjusted portfolios before month-end.