Coinpedia
May 18, 2026 11:15 AM UTC

Iran Introduces Bitcoin-Powered Shipping Platform

The post Iran Introduces Bitcoin-Powered Shipping Platform appeared first on Coinpedia Fintech News Iran has launched Hormuz Safe, a state-backed maritime insurance platform accepting cryptocurrency payments, including Bitcoin. Officials say the system is designed to reduce reliance on SWIFT and Western financial intermediaries while supporting vessels operating through the Persian Gulf and Strait of Hormuz. Iranian authorities reportedly estimate the initiative could generate more than $10 billion in …

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