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 Michael Saylor’s Strategy dramatically ups pace of bitcoin sales, raising $216 million Strategy (MSTR) sold 3,588 bitcoin for approximately $216 million... Bitmine (BMNR) buys 42k ETH while Strategy sells bitcoin (BTC) Bitmine Immersion (BMNR), the largest Ethereum (ETH) treasury company,... AVAX One CEO Jolie Kahn Resigns Days After Stock Crash Warning AVAX One Technology, the Nasdaq-listed Avalanche treasury and bitcoin-mining... Cantor sees STRC recovery as key to Strategy’s capital engine Cantor said Strategy's (MSTR) top priority is restoring its... DeFi protocol Summer.fi halts Lazy Summer vaults after $6 million exploit Decentralized finance protocol Summer.fi has paused its Lazy Summer... Summer Finance Drained of $6M in Flash Loan Exploit DeFi vault platform Summer Finance was drained of roughly... Previous articleBitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcyNext articleIran Launches Bitcoin Payment Platform For Strait Of Hormuz
