JUST IN! Iran Announces: Bitcoin and Cryptocurrency Payments Will Be Accepted for Crossing the Strait of Hormuz! – Bitcoin Price Moves!

According to the Financial Times, Iran is considering accepting Bitcoin (BTC) as payment for transit through the Strait of Hormuz.

Hamid Hosseini, spokesperson for the Iranian Oil, Gas and Petrochemical Products Association, said the tariff would be $1 per barrel and payments could be made with all cryptocurrencies, including Bitcoin.

Following the news, the price of Bitcoin rose slightly and is trading around $72,600.

This news will be updated as details become available.

*This is not investment advice.

Sector:

Layer 1

Halving Tokens

Source

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.

Add to Favorites

Comments

Relevant content

BeInCrypto Việt Nam

Pi Network price is heading towards $0.189 as 3 indicators suggest a potential bullish reversal.

1.96%

Bitcoin Sistemi

US-Iran Agreement, Bitcoin Rises! But Not Enough for a Rally! Analysts Explain What’s Needed for a Bull Run!

BTC

0.87%

BlockTempo

Is there uncertainty surrounding the US-Iran peace talks on April 10th? Iran accuses the US of violating the "three ceasefire clauses," angrily stating: "The current ceasefire is extremely unreasonable."

BTC

0.87%