Crypto Biz: Will Bitcoin secure safe passage through the Hormuz Strait?

Crypto Biz: Will Bitcoin secure safe passage through the Hormuz Strait?

1.16%TRX$0.3184 0.44%BCH$445.36 0.30%DOGE$0.09425 0.42%XLM$0.1557 0.45%ETH$2,254 2.07%BNB$607.84 0.15%SOL$85.19 1.06%HYPE$41.62 4.05%XMR$344.31 0.07%XRP$1.36 0.54%ADA$0.2558 0.14%BTC$73,176 1.36%USD Written by Sam Bourgi,Staff EditorReviewed by Robert Lakin,Staff EditorCrypto Biz: Will Bitcoin secure safe passage through the Hormuz Strait?2 hours agoIran may require oil tankers to pay BTC tolls through the Strait of Hormuz, signaling a new use case for crypto as geopolitical tensions reshape global trade routes. Bitcoin is emerging as a potential component in the fragile ceasefire that is taking shape between the United States and Iran after a 39-day conflict disrupted the region and forced the closure of the Strait of Hormuz. Tehran is unlikely to relinquish its grip on the narrow trade artery that handles roughly 20% of global crude oil flows. Instead, it plans to manage transit alongs

Source: https://cointelegraph.com/news/iran-bitcoin-strait-of-hormuz-oil-tolls?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound