Iran's crypto tanker tolls are the latest step in its sanctions‑busting trade network

Iran's crypto tanker tolls are the latest step in its sanctions‑busting trade network

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enPolicyShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailIran's crypto tanker tolls are the latest step in its sanctions‑busting trade networkThe Iranian regime has been increasingly using cryptocurrency over the last few years to facilitate cross border oil trading, according to data from Chainalysis.By Ian Allison|Edited by Omkar GodboleUpdated Apr 9, 2026, 9:17 a.m. Published Apr 9, 2026, 8:32 a.m. Make preferred on Oil tanker at sea. (Gerhard Traschütz/Pixabay)What to know: Iran recently confirmed bitcoin is being accepted as a payment to pass through the Strait.The Iran-backed Houthi regime, which uses crypto to trade oil, has raised the prospect of imposing a second shipping chokepoint in the Red Sea.If Iran demanded payment in the Trump family-affiliated stablecoin USD1, the President wo

Source: https://www.coindesk.com/policy/2026/04/09/crypto-payments-to-pass-strait-of-hormuz-is-the-next-logical-step-for-iran-s-sanctions-skirting-trade-network