The US gave Iran a Saturday deadline to open the Strait of Hormuz, where Iran runs a Bitcoin and USDT toll system charging vessels up to $2M each.

Iran will charge ships fees in the Strait of Hormuz starting mid-August 2026, impacting 21% of global oil trade and potentially accepting Bitcoin payments.

The US gave Iran a Saturday deadline to open the Strait of Hormuz, where Iran runs a Bitcoin and USDT toll system charging vessels up to $2M each.