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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Iran has demanded that oil tankers pay transit fees through the Hormuz Strait in cryptocurrency, seeking to bypass financial sanctions imposed by the United States and others. Oil shipments have been waiting off the coast of Oman as tankers prepare to move through the strait following a two-week ceasefire agreed by the United States and Iran on April 8, 2026.
Iran’s government has issued a requirement that oil tankers settle transit fees through Hormuz in cryptocurrency to circumvent financial sanctions. Hamid Hosseini, spokesman for the Iranian Oil and Petrochemical Exporters’ Union, said on April 8 that Iran is charging a $1 per barrel tax for ships passing the sea lane, according to The Wall Street Journal.
The stated rationale for using cryptocurrency is to make transactions harder to trace or seize under sanctions.
Iran’s cryptocurrency economy reached about $7.8 billion last year, described as a financial lifeline that helps the country conduct trade and purchase goods, including weapons. The Islamic Revolutionary Guard Corps (IRGC) is among the most active participants in Iran’s crypto market, including mining Bitcoin despite electricity shortages.
Chainalysis data cited in the report indicates that the IRGC and allied forces account for more than half of crypto activity in Iran.
In addition to Bitcoin activity, the Central Bank of Iran has bought at least $507 million worth of the USD-backed stablecoin Tether to support the rial and international trade payments.
On global markets, Bitcoin rose to around $72,700 per BTC after President Trump announced a two-week ceasefire on April 7, with conditions for reopening the Hormuz Strait. By the afternoon of April 9, Bitcoin was trading around $72,128 per BTC.
Volatility has contributed to capital outflows from domestic exchanges, including Nobitex, which reported a 700% surge in withdrawals following U.S.-Israel military actions. U.S. regulators have also targeted Iran’s digital infrastructure by sanctioning exchanges that facilitate transactions related to the IRGC.

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