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US Sanctions Iranian Marine Insurers Taking Bitcoin for Strait of Hormuz Passage | The Defiant
The U.S. Treasury's Office of Foreign Assets Control sanctioned two Iranian firms on Wednesday — HormuzSafe Marine Services Authority and the Persian Gulf Marine Insurance Company — that it says force commercial vessels to buy mandatory "insurance" to transit the Strait of Hormuz, with HormuzSafe accepting Bitcoin and other digital assets to sidestep sanctions.
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cryptobriefing.com
US slaps sanctions on ten companies and eight tankers tied to Iran's oil network
The US sanctioned ten companies, eight tankers, and Iranian crypto exchanges, freezing $130M in digital wallets as tensions rise in the Strait of
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Treasury designates firms linked to iran's maritime extortion scheme
Treasury designates firms linked to Iran's maritime extortion scheme. U.S. charges for Hormuz fees by July 31, 2026 at 0.3% YES.
