bloomberg.com

Iran Starts Bitcoin-Backed Shipping Insurance for Hormuz Strait (opens in new tab)

Covered by 5 sources See all sources covering this story including Business Insider, heise onlineDiscussed on Hacker News

Iran has started a Bitcoin-backed insurance service for shipping companies that want to transit the Strait of Hormuz, the semi-official Fars news agency reported, citing documents obtained from Iran’s Ministry of Economy and Financial Affairs.

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Covered in 5 articles

Business Insider
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Iran turns to bitcoin for shipping insurance through the Strait of Hormuz

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