U.S. Accuses Iran of Processing Strait of Hormuz Transit Fees Through Bitcoin Exchange
Core Summary U.S. government officials have disclosed that the “transit fees” Iran levies on oil tankers passing through the Strait of Hormuz are actually settled through a bitcoin exchange. The accusation, the first time officials have publicly named a crypto channel in Iran’s gray-shipping tolling scheme, signals a deep fusion between traditional geopolitical gamesmanship and emerging digital-asset surveillance systems. Event Details According to CoinDesk citing senior U.S. government officials, Iran has operated a non-official “transit fee” system in the Strait of Hormuz since the conflict escalated. Any oil tanker entering or leaving the Persian Gulf that wishes to obtain Iranian “safe passage clearance” must pay a fee to an Iran-affiliated entity, with the amount fluctuating based on vessel tonnage and cargo value. ...