Iran Wants to Ensure Shipping through Strait of Hormuz Using Bitcoin
Iran has announced it intends to offer insurance for ships transiting the Strait of Hormuz using Bitcoin. Fars News Agency and Iran’s Ministry of Economy state that the system provides cryptographically verifiable insurance policies. By using Bitcoin, Iran aims to circumvent the many sanctions imposed… Read More
Read more in: Blockchain & Digital Assets, Asia, Global | Tagged bitcoin, Cake Wallet, insurance, iran