Reports suggest Iran is mulling Hormuz ‘insurance’ scheme, paid in Bitcoin

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Reports suggest Iran is mulling Hormuz ‘insurance’ scheme, paid in Bitcoin

Image for the article: Reports suggest Iran is mulling Hormuz ‘insurance’ scheme, paid in Bitcoin

Reports suggest Iran is mulling Hormuz ‘insurance’ scheme, paid in Bitcoin

Mon May 18 2026

Cryptocurrency

Finance

Government

cointelegraph.com

Screenshots of a website called “Hormuz Safe” have been circulating on social media, which offers “digital insurance” for ships passing through the Strait of Hormuz.