Iran claims sole authority over Strait of Hormuz reopening, eyes Bitcoin for transit payments

Iran claims sole authority over the Strait of Hormuz for the next 30 days, with Foreign Minister Abbas Araghchi warning that external intervention could escalate tensions and delay operations. Tehran asserts total control over the reopening process of the waterway. Furthermore, Iran is exploring the use of Bitcoin for transit payments, a strategic move that may reshape global trade dynamics and significantly impact crypto markets during this period of controlled maritime restoration.