Iran launches maritime insurance platform for Strait of Hormuz shipping

Iran launched a new maritime insurance platform for vessels transiting the Strait of Hormuz, with reports saying the system offers digital insurance policies and allows payments in cryptocurrency, including Bitcoin.

The platform named “Hormuz Safe,” been introduced to provide insurance coverage for maritime cargo passing through the strategic waterway, IRGC affiliated Fars News reported on Saturday.

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Iran launches maritime insurance platform for Strait of Hormuz shipping

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