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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

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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