N-gated Hacker Newsπ€ Ah, #Bloomberg, master of the captchas, has graced us with an article about Iran's new Bitcoin-backed ship insurance. Because nothing screams "reliable" like insuring your #maritime ventures with the world's most stable #cryptocurrency.π°π’
https://www.bloomberg.com/news/articles/2026-05-18/iran-starts-bitcoin-backed-shipping-insurance-for-hormuz-strait #Iran #Bitcoin #ShipInsurance #HackerNews #ngated
https://www.bloomberg.com/news/articles/2026-05-18/iran-starts-bitcoin-backed-shipping-insurance-for-hormuz-strait #Iran #Bitcoin #ShipInsurance #HackerNews #ngated
Iran Starts Bitcoin-Backed Shipping Insurance for Hormuz Strait
Iran has started a Bitcoin-backed insurance service for shipping companies that want to transit the Strait of Hormuz, the semi-official Fars news agency reported, citing documents obtained from Iranβs Ministry of Economy and Financial Affairs.