VP Vance confirms the Strait of Hormuz will reopen toll-free under a US-Iran deal, ending crypto-based shipping fees of up to $2M per vessel in Bitcoin and

The US and Iran are nearing a deal to reopen the Strait of Hormuz under a 60-day ceasefire, with Iran exploring Bitcoin for transit fee payments.

Iran's new Strait of Hormuz agreement includes crypto toll payments via the Persian Gulf Strait Authority, raising sanctions evasion concerns for investors.