Iran Extracts Crypto and Yuan Tolls for Safe Passage in Strait of Hormuz
Iran’s Islamic Revolutionary Guard Corps (IRGC) is extracting tolls from commercial vessels transiting the Strait of Hormuz, requiring operators to pay using stablecoins or Chinese yuan. According to a Bloomberg report, the IRGC has established an illicit toll system for the critical maritime chokepoint, granting safe passage and naval escorts to ships from deemed friendly…
