NEW21d ago

Iran To Require $BTC For Strait Of Hormuz Passage

Iran is officially mandating that shipping companies pay transit tolls in Bitcoin for vessels passing through the Strait of Hormuz.

This policy applies to oil tankers seeking passage during the current two-week ceasefire with the U.S. and is intended to circumvent traditional banking sanctions.

By shifting to $BTC, Tehran is establishing a sovereign payment channel that operates entirely outside conventional financial networks and remains resistant to seizure.

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