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Iran launches Bitcoin-backed insurance service for Strait of Hormuz
Iran launches "Hormuz Safe," a Bitcoin-backed insurance service for shipping companies transiting the Strait of Hormuz, where roughly 1,500 ships are currently trapped.
Golnar Motevalli / Bloomberg: Iranian media: Iran launches “Hormuz Safe”, a Bitcoin-backed insurance service for shipping companies transiting the Strait of Hormuz; ~1,500 ships are trapped — Iran has started a Bitcoin-backed insurance service for shipping companies that want to transit the Strait of Hormuz …
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