Iran wants Bitcoin as payment to guarantee ships safe passage through the Strait of Hormuz – FT

Iran’s reported Bitcoin tolls at Hormuz point to a new use case for crypto, sanctions-resistant trade infrastructure Iran is reportedly planning to charge oil tankers a Bitcoin-denominated toll for passage through the Strait of Hormuz. The move would be significant as it extends beyond price action, ideology, or adoption rhetoric. The development places Bitcoin inside The post Iran wants Bitcoin as payment to guarantee ships safe passage through the Strait of Hormuz – FT appeared first on CryptoSlate.