Iran launches ‘Hormuz Safe’ Bitcoin insurance platform for Strait of Hormuz shipping

2026-5-18 16:15

Iran’s Hormuz Safe offers Bitcoin-settled insurance for Hormuz shipping, aiming for $10B revenue while testing US sanctions limits and spooking regulators and shippers. Iran’s Ministry of Economy has launched a Bitcoin (BTC) settled maritime insurance platform called “Hormuz Safe,” targeting… origin »

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