Iran Demands Bitcoin For Ships Passing Hormuz During Ceasefire - Slashdot
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An anonymous reader quotes a report from the Financial Times: Iran will demand that shipping companies pay tolls in cryptocurrency for laden oil tankers passing through the Strait of Hormuz (source paywalled; alternative source), as it seeks to retain control over passage through the key waterway du...

He said that the tariff is $1 per barrel of oil, adding that empty tankers can pass freely. “Once the email arrives and Iran completes its assessment, vessels are given a few seconds to pay in Bitcoin, ensuring they can’t be traced or confiscated due to sanctions,” Hosseini added.

    • ParlimentOfDoom@piefed.zipEnglish
      4·
      7 hours ago

      I mean, all the steps leading up to that take way more than a few seconds, including…getting the email. This seems like someone misspeaking or not understanding what’s going on…