Iran Wants Bitcoin Payments From Oil Ships Seeking Hormuz Passage: FT

Iran Wants Bitcoin Payments From Oil Ships Seeking Hormuz Passage: FT

Iran Wants Bitcoin Payments From Oil Ships Seeking Hormuz Passage: FT Price data byDecryptNewsLaw and OrderIran Wants Bitcoin Payments From Oil Ships Seeking Hormuz Passage: FTIranian officials said Bitcoin payments would ensure the tolls “can’t be traced or confiscated due to sanctions.”By Sander LutzEdited by Andrew HaywardApr 8, 2026Apr 8, 20262 min readIranian rial and Bitcoin. Image: Shutterstock/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Iran plans to require oil tankers passing through the Strait of Hormuz to pay transit fees in Bitcoin. Officials say using Bitcoin will help avoid sanctions by making payments harder to trace or seize. The proposal follows a ceasefire and could raise tensions with other oil exporters over control of the Strait. In the wake of a two-week ceasefire rea

Source: https://decrypt.co/363641/iran-bitcoin-payments-oil-ships-seeking-hormuz-passage