It’s no surprise that Iran is now accepting cryptocurrency payments from cargo ships passing through the Strait of Hormuz. Experts in blockchain criminality say this move fits perfectly with Tehran’s existing sanctions‑skirting trade networks.

Iran’s crypto tolls have now been confirmed via recent comments from a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union who said bitcoin is being accepted as a payment method. A previous report suggested stablecoins were being accepted to allow a select few oil tankers to pass unharmed. Both reports stated the fee was $1 per barrel of oil, with the largest tankers carrying up to two million barrels.

The formalization of a system of shipping toll payments made…