US sanctions 2 Iranian firms over Bitcoin insurance in Strait of Hormuz transit

🚨 US Treasury sanctioned Iranian firms using Bitcoin for mandatory Hormuz transit insurance. 🛳️ Vessels must buy IRGC-approved coverage, with HormuzSafe accepting digital assets to avoid sanctions. 💸 Blockchain experts found no evidence of large-scale crypto payments for passage tolls in $BTC. 📌 The move escalates US efforts to target Iran’s shadow oil trade and maritime revenue streams. Continue Reading:US sanctions 2 Iranian firms over Bitcoin insurance in Strait of Hormuz transit The post US sanctions 2 Iranian firms over Bitcoin insurance in Strait of Hormuz transit appeared first on COINTURK NEWS.