1 week ago
Iran Enforces Bitcoin as the Only Means to Pay Toll on Strait of Hormuz
BitcoinPoliticsBitcoin Oil TollBitcoin Paymentscensorship resistanceCrypto Geopoliticscrypto sanctionsEnergy MarketsIran BitcoinStrait of Hormuz
TLDR: Iran’s Strait of Hormuz Management Plan, passed in late March 2026, mandates Bitcoin toll payments. Each fully laden tanker carrying 2 million barrels faces a Bitcoin toll of up to $2 million. Bitcoin surged toward $73,000 as shipping firms faced the prospect of stockpiling BTC for tolls. Stablecoins were rejected due to freeze functions [...]
The post Iran Enforces Bitcoin as the Only Means to Pay Toll on Strait of Hormuz appeared first on Blockonomi.
Source: Blockonomi →Related News
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