Bitcoin Insurance for Persian Gulf Cargo: Iran Launches Hormuz Safe, Claims $10B Revenue
By Jamie Redman | 2026-05-17 21:32:34 | 4 months ago
Iran’s Ministry of Economic Affairs and Finance has allegedly launched a bitcoin-powered maritime insurance platform called Hormuz Safe, ostensibly targeting cargo owners transiting the Strait of Hormuz and projecting over $10 billion in revenue for the Islamic Republic.
Fars News Reports Iran Has Launched Hormuz Safe, a Bitcoin-Based Maritime Insurance Platform for Strait of Hormuz
keywords : News|Bitcoin (BTC)|Iran|OIL|War
sentiment : POSITIVE
category data : BTC | BUSINESS | CRYPTOCURRENCY