Iran Demands Bitcoin For Ships Passing Hormuz During Ceasefire - Slashdot
slashdot.org
An anonymous reader quotes a report from the Financial Times: Iran will demand that shipping companies pay tolls in cryptocurrency for laden oil tankers passing through the Strait of Hormuz (source paywalled; alternative source), as it seeks to retain control over passage through the key waterway du...

He said that the tariff is $1 per barrel of oil, adding that empty tankers can pass freely. “Once the email arrives and Iran completes its assessment, vessels are given a few seconds to pay in Bitcoin, ensuring they can’t be traced or confiscated due to sanctions,” Hosseini added.

  • VAK@lemmy.worldEnglish
    1·
    1 day ago

    There used to be hundreds of cases of charges for transit. Led to wars too.