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Iran may be turning the Strait of Hormuz into a bitcoin-based insurance market, local reports say

May 18, 2026
5 Min Read
Iran may be turning the Strait of Hormuz into a bitcoin-based insurance market, local reports say
REAL RATE // REPORTED CONTENT
State-linked Fars News reported that Iran’s economy ministry has been working on a plan to manage shipping through the Strait with payments in bitcoin.

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