Safe

insurance

Read

Coin

<ul>
 <li>Iran launched Hormuz Safe with Bitcoin settlements for Gulf maritime insurance coverage.</li>
 <li>Hormuz Safe aims to reduce reliance on SWIFT during rising Gulf shipping tensions.</li>
 <li>Shipping insurance costs rose as tensions escalated near the Strait of Hormuz.</li>
</ul>
Iran has launched a state-backed maritime insurance platform called Hormuz Safe, introducing a cryptocurrency-based settlement system for vessels operating through the Persian Gulf and the Strait of Hormuz.
According to Iranian state-linked reports, the platform will allow shipping operators to obtain maritime insurance coverage using Bitcoin and other digital assets as payment methods. The project is reportedly supported by Iran’s Ministry of Economic Affairs and aims to reduce dependence on SWIFT and Western financial intermediaries amid rising regional tensions and shipping disruptions.
<a href="https://www.iranintl.com/en/202605167462" rel="noopener noreferrer nofollow">Sources</a> described Hormuz…
Read The Full Article <a href="https://coinedition.com/iran-introduces-bitcoin-based-maritime-insurance-platform-for-hormuz-shipping/" rel="noopener noreferrer nofollow">Iran Introduces Bitcoin-Based Maritime Insurance Platform for Hormuz Shipping</a> On <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Iran Introduces Bitcoin-Based Maritime Insurance Platform for Hormuz Shipping

Coin Edition

Other articles published on May 18, 2026

Join our free newsletter for daily crypto updates!