US Closes in on Iran’s Strait of Hormuz Bitcoin Insurance Policy, Sanctions Companies
Bitcoin Magazine US Closes in on Iran’s Strait of Hormuz Bitcoin Insurance Policy, Sanctions Companies The news comes after the U.S. froze Iran's other digital assets. This post US Closes in on Iran’s Strait of Hormuz Bitcoin Insurance Policy, Sanctions Companies first appeared on Bitcoin Magazine
Source: Bitcoin Magazine
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DW NOTE
The Treasury is sanctioning shell companies while Iran collects Bitcoin tolls through the world's most strategic oil chokepoint — a fifth of global oil flows through Hormuz. This is not some dark-web evasion scheme; it is a sovereign state operating a digital toll booth on international waters and the U.S. response is to add names to a list. Bitcoin exists precisely because sanctions cannot bind code the way they bind correspondent banks.