In brief OFAC sanctioned two Iranian firms behind a scheme requiring vessels to buy IRGC-approved “insurance” to transit the Strait of Hormuz. …
Hormuz
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Iran’s top joint military command announced it would close the Strait of Hormuz to shipping for violating the ceasefire agreement with the …
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Markets
Bitcoin holds near $64,000 as a renewed Hormuz threat clouds US-Iran ceasefire talks
by shayaanby shayaanCrypto firmed over the weekend after Friday’s sell-off, with bitcoin recovering toward $64,000. Permanent ceasefire talks open in Switzerland, but Iran’s order …
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Markets
Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz set to open
by shayaanby shayaanThe price of crude oil is tumbling, and U.S. stock futures are moving higher. www.coindesk.com
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Mining
CENTCOM reports US strikes defensive against Iranian missile sites, vessels in Strait of Hormuz
by shayaanby shayaanThree US Navy guided-missile destroyers came under attack from Iranian forces while transiting the Strait of Hormuz on May 7, with CENTCOM …
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OFAC warned that digital asset payments tied to Strait of Hormuz passage can create sanctions exposure. The alert says digital assets do …
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Finance
Iran Announced It Has Collected Its First Toll from the Strait of Hormuz – It Was Reported That It Would Be Paid in Bitcoin
by shayaanby shayaanIran has made a noteworthy statement regarding transit fees through the Strait of Hormuz. The country’s central bank announced that the initial …
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Smart Contracts
Bitcoin, Stocks Surge as Iran Says Strait of Hormuz Is ‘Completely Open’
by shayaanby shayaanBitcoin jumped to a two-month high on Friday after Iran declared that commercial traffic could flow freely through the Strait of Hormuz …
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Regulation
Circle CEO Jeremy Allaire Denies Claims USDC Will Be Used for Strait of Hormuz Passage! Here Are the Details
by shayaanby shayaanCircle CEO Jeremy Allaire has denied claims that $USDC will be used for transit fees in the Strait of Hormuz. Speaking at …
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Finance
Will Iran Really Accept Bitcoin for Passages Through the Strait of Hormuz?
by shayaanby shayaanAllegations regarding the use of cryptocurrencies in the Strait of Hormuz, one of the most critical transit points for global energy trade, …