Iran will offer China reduced Strait of Hormuz transit fees and accept Bitcoin and USDT for shipping tolls, signaling crypto adoption in sanctioned trade.

European countries accept Iran and Oman's transit fees for ships in the Strait of Hormuz, with Bitcoin and yuan payments under consideration for the oil

The US and Oman are working to block Iran's plan to charge tolls on Strait of Hormuz shipping, where Tehran is exploring Bitcoin payments to evade