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Iran's Insurance Proposal for Hormuz Strait

Updated 2026-05-18 12:20 UTC 1 source Neutral

Iran proposes using Bitcoin-based insurance to manage transit through the Strait of Hormuz. The move is expected to impact global maritime trade and security concerns.

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Al Jazeera
Iran proposes Bitcoin-based ship insurance for the Strait of Hormuz, a move likely to raise global maritime concerns.
2026-05-18 11:57 UTC
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