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BSCN·2026-05-18 06:31
Iran Launches Bitcoin Platform For Hormuz ShippingIran has unveiled Hormuz Safe, a state backed maritime insurance platform that allows payments in cryptocurrency, including Bitcoin $BTC.The platform is designed to bypass SWIFT and Western financial intermediaries.Iranian officials reportedly believe the project could generate over $10B in revenue.Hormuz Safe focuses on vessels crossing the Persian Gulf and Strait of Hormuz. The platform could still face major sanctions and compliance challenges.Source: Ira ...