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Cryptocurrencies: 29568
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Market Cap: $2,228,879,864,812     
24h Vol: $44,079,626,474
Coin-turk.com 2026-07-31 15:28:53

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

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.
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