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News Explorer — Iran's Potential Use of Bitcoin for Tolls in the Strait of Hormuz Raises Skepticism Among Experts

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Apr 9, 4:55 pm
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Iran's Potential Use of Bitcoin for Tolls in the Strait of Hormuz Raises Skepticism Among Experts

Iran is considering demanding tolls in cryptocurrency, including Bitcoin, for ships passing through the Strait of Hormuz. Experts doubt significant Bitcoin payments are occurring for transit tolls, despite Iran's reported openness to crypto as a payment rail.

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