DeFi Iran may be turning the Strait of Hormuz into a bitcoin-based insurance market, local reports say By info@uweb3.io May 18, 2026 Share This Post FacebookTwitterPinterestWhatsApp State-linked Fars News reported that Iran’s economy ministry has been working on a plan to manage shipping through the Strait with payments in bitcoin. TagsBitcoinBasedHormuzinsuranceIranLocalMarketReportsStraitTurning Related Posts Verus Ethereum Bridge Reportedly Exploited for $11.58 Million Verus Protocol’s Ethereum bridge was reportedly exploited on Monday... Iran Launches Bitcoin Payment Platform For Strait Of Hormuz Trusted Editorial content, reviewed by leading industry experts and... Bitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcy Bitcoin Depot, the largest bitcoin ATM operator in North... Crypto security is turning into an AI arms race as agents may overwhelm compliance teams AI agents and automated payments could reach a scale... Tom Lee Says Oil Prices Are Ethereum’s Biggest Headwind Rising oil prices since the US-Israeli war have been... Aave restores ether borrowing limits after $230 million exploit The DeFi lending protocol reversed restrictions imposed after April’s... Previous articleBitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcyNext articleIran Launches Bitcoin Payment Platform For Strait Of Hormuz
