Economy Ministry touts plan could generate over $10 billion in revenue...

Iran is preparing to introduce a new mechanism that would require ships to pay fees before passing through the strategic Strait of Hormuz, amid growing regional tensions involving…

Iran is introducing a new system for the Strait of Hormuz. Commercial ships and nations cooperating with Tehran will receive priority passage. Specialized services will incur…

Iran is preparing to introduce a new mechanism to regulate shipping through the Strait of Hormuz, including designated routes and service fees, that will...

TEHRAN — Iran has developed a mechanism to regulate maritime traffic through a designated route in the Strait of Hormuz and plans to impose fees for...

Iran launched the Hormuz Safe platform offering digital maritime insurance with crypto payments for vessels transiting the Strait of Hormuz amid soaring premiums.

Iran has launched a Bitcoin-based insurance service designed to cover maritime cargo shipments transiting the Strait of Hormuz.

Economy Ministry touts plan could generate over $10 billion in revenue...

Iran's Ministry of Economy allegedly launched Hormuz Safe, a bitcoin-centric insurance platform targeting $10B from Strait of Hormuz cargo.

Iran has proposed managing the Strait of Hormuz through a Bitcoin-settled, insurance-based model, state media reported on Sunday, May 17.

State-linked Fars News reported that Iran’s economy ministry has been working on a plan to manage shipping through the Strait with payments in bitcoin.

Iran is building a Bitcoin and stablecoin-based maritime insurance platform in the Strait of Hormuz, with the IRGC charging crypto tolls for oil tanker passage.

Iranian media reported the launch of Hormuz Safe, a bitcoin-settled insurance platform tied to Strait of Hormuz cargo transit.

The platform settles cargo cover in Bitcoin under a plan for marine policies and certificates that could generate $10 billion for Iran.

Iran has reportedly launched “Hormuz Safe,” a bitcoin-settled maritime insurance platform aimed at cargo owners and shipping firms operating through the Strait of Hormuz and the…

Batizado de Hormuz Safe, o serviço poderia gerar mais de US$ 10 bilhões em receitas para a República Islâmica, segundo o governo iraniano

The Iranian government is reportedly considering a maritime insurance platform for ships passing through the Strait of Hormuz, with some suggesting it could be paid in Bitcoin.

Bautizado como Hormuz Safe, el gobierno iraní afirma que podría generar más de US$10.000 millones en ingresos para la República Islámica, informó Fars, sin entregar un plazo ni un…

Bitcoin (BTC USD) shipping insurance Iran explained: Amid escalating US-Iran tensions, Iran has introduced a Bitcoin-based shipping insurance system named 'Hormuz Safe' for…

Collecting bitcoin for safe passage while also collecting bitcoin for insurance in case the safe passage doesn't work out.