Iran to accept crypto payments as fees for Oil tankers passing through the Strait of Hormuz – FT

Iran is reportedly planning to mandate crypto payments as transit fees for fully laden Oil tankers passing through the Strait of Hormuz during the proposed two-week ceasefire with the US, according to a Wednesday report by the Financial Times (FT). Iran is reportedly planning to accept cryptocurrencies as fees from fully-loaded Oil tankers passing through the Strait of… Iran is reportedly planning to mandate crypto payments as transit fees for fully laden Oil tankers passing through the Strait of Hormuz during the proposed two-week ceasefire with the US, according to a Wednesday report by the Financial Times (FT). Iran is reportedly planning to accept cryptocurrencies as fees from fully-loaded Oil tankers passing through the Strait of Hormuz.The toll is set at $1 per barrel, and tankers must email their cargo details to Iranian authorities before passing.Bitcoin trades near $70,000 following the reports as WTI Oil prices dropped below $100.Iran is reportedly planning to mandate crypto payments as transit fees for fully laden Oil tankers passing through the Strait… For traders, this matters because crypto headlines can change short-term momentum, liquidity conditions and broader risk appetite within minutes. Watch follow-through in majors, exchange volume and risk sentiment in US indices to judge whether the move has real participation behind it.