U.S. sanctions Iran-linked bitcoin insurance scheme for Strait of Hormuz ships

AI Summary The Treasury Department said the Hormuz Safe platform accepted bitcoin and other digital assets as part of an alleged sanctions workaround tied to IRGC-backed shipping controls. fulltext: 177 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.coindesk.com/policy/2026/07/31/u-s-sanctions-iran-linked-bitcoin-insurance-scheme-for-strait-of-hormuz-ships Source: CoinDesk