Iran Wants Hormuz Fee in Bitcoin: Will Crypto Rebound?

Iran is moving to charge oil tankers up to $2 million per ship to pass through the Strait of Hormuz, with payments requested in Bitcoin or other cryptocurrencies. Bitcoin is trading around $71,000, which means each ship would need roughly 28 BTC. Before the conflict, around 130 ships crossed the strait daily. This implies a […] Read The Full Article Iran Wants Hormuz Fee in Bitcoin: Will Crypto Rebound? On Coin Edition.