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Iran considers monetizing Strait of Hormuz transit via cryptocurrencies

Iran claims it wants to use cryptocurrencies and stablecoins to monetize ship passages through the Strait of Hormuz, a globally strategic commercial route.

Published 15sem1 sourceNotable
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This initiative is part of a strategy to circumvent international sanctions and diversify the country's revenue sources.

The project also includes innovative maritime insurance linked to these digital assets.

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