Iranian media: Iran launches "Hormuz Safe", a Bitcoin-backed insurance service for shipping companies transiting the Strait of Hormuz; ~1,500 ships are trapped (Golnar Motevalli/Bloomberg)
Upstract [Unofficial]
May 18, 2026
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…
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