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via Decrypt · By Decrypt Editorial

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

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Decrypt Editorial

(01:41 PM UTC)

1 min read

Approved byEmily Watson

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0 comments

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 Iranian Revolutionary Guard Corps has reportedly promoted Hormuz Safe, a Bitcoin-settled maritime…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Decrypt Editorial · Decrypt

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