$BTC
Iran Wants Bitcoin Payments From Oil Ships Seeking Hormuz Passage: FT
Iranian officials said Bitcoin payments would ensure the tolls “can’t be traced or confiscated due to sanctions.”In the wake of a two-week ceasefire reached last night between the United States and Iran, Iranian leaders have announced a Bitcoin-centered plan to retain control of the Strait of Hormuz while allowing oil tankers to resume normal traffic through the crucial waterway.
The Iranian government will levy a fee of $1 per every barrel of oil that passes through the strait, and the fee will have to be paid in Bitcoin, according to a Wednesday report in the Financial Times.
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