Crypto

Iran Pushes $10B Bitcoin Insurance Plan for Strait of Hormuz: Report

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In brief

  • The IRGC has promoted Hormuz Safe, a platform that settles shipping insurance payments in Bitcoin, per state media reports.
  • Europol has flagged 14,200 IRGC-linked posts across social media and websites.
  • Sanctions, tracing and weak insurer support could limit use, Decrypt was told.

The…

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