@BullTheoryio: BREAKING: Iran just launched “Hormuz Safe” - a maritime insurance platform for ships crossing the Strait of Hormuz. An …
Summary
Iran launched 'Hormuz Safe,' a maritime insurance platform for ships crossing the Strait of Hormuz, with payments settled via Bitcoin. The initiative could generate over $10 billion in revenue.
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Cached at: 05/17/26, 10:25 PM
BREAKING: Iran just launched “Hormuz Safe” - a maritime insurance platform for ships crossing the Strait of Hormuz.
An Iranian platform called “Hormuz Safe” has officially begun offering insurance services for maritime cargo passing through the Strait of Hormuz and payments are settled via Bitcoin.
Iran’s Economy Ministry has reportedly been working since April to put parts of Strait of Hormuz shipping operations under a new insurance based control system.
Officials involved in the project estimate that the initiative could eventually generate more than $10 billion in revenue for the country.
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