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Iran eyes Bitcoin linked insurance model for Strait of Hormuz shipping: report – TON BOT

Iran eyes Bitcoin linked insurance model for Strait of Hormuz shipping: report

Iran is considering implementing an insurance system for ships crossing the Strait of Hormuz, with speculation about accepting Bitcoin payments. Reports of scam messages demanding Bitcoin or USDT for safe passage have emerged. The US froze $344 million in USDT linked to Iran, leading to debates about using Bitcoin as a settlement tool.


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