Iran introduces cryptocurrency-based ship insurance for the Strait of Hormuz

Iran has announced a new initiative aimed at offering ship insurance for vessels passing through the Strait of Hormuz, a crucial maritime chokepoint through which 20% of the world’s oil and gas supplies are transported, according to Al Jazeera. The move comes amid growing global concern over Iran’s attempts to exert control over this strategic [&hellip The post Iran introduces cryptocurrency-based ship insurance for the Strait of Hormuz appeared first on TechCentral.ie.