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 FacebookXPinterestWhatsApp 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 Crypto’s next billion users might be AI agents, and they’re paying with stablecoins According to Coinbase’s head of AI product, we’re currently... Crypto card spending tops $1 billion as stablecoins move into everyday purchases Tracked card volume more than tripled in a year,... Regulation Crypto is here: State of Crypto The SEC published its Reg Crypto proposal last week,... XRP on track for biggest weekly gain in 21 months as Treasury buyback spurs 'curve control' hopes XRP’s price has surged by 50% this week, the... Nomura-backed Laser Digital wins Japan's first crypto approval in four years Laser Digital Japan will offer liquidity to domestic crypto... How a Treasury buyback tweak helped bitcoin surge 25% to nearly $80,000 in days Treasury buybacks are not QE, analysts said, but the... Previous articleBitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcyNext articleIran Launches Bitcoin Payment Platform For Strait Of Hormuz
