US Sanctions Iranian Marine Insurers Taking Bitcoin for Strait of Hormuz Passage

AI Summary Treasury says HormuzSafe, developed by Iran's Ministry of Economy, accepted digital assets to fund an IRGC-backed 'extortion' scheme targeting commercial shipping. fulltext: 163 chars | fulltext source: rss-fallback | summary method: extractive Original: https://thedefiant.io/converge/regulation/us-sanctions-iranian-marine-insurers-taking-bitcoin-for-strait-of-hormuz-passage Source: The Defiant