Iran is demanding tankers pay a $1-per-barrel toll in Bitcoin for safe passage through the Strait of Hormuz during the U.S.-Iran ceasefire, according to a Financial Times report. The move lets Tehran bypass sanctions using Bitcoin’s neutral, censorship-resistant settlement.
Bitcoin kicked off the week with a surge above $71,000 before retracing, reflecting renewed market sensitivity to geopolitical developments between the U.S. and Iran.
Following the U.S.-Israeli airstrikes in Tehran, Iranian crypto activity surged, with $10.3 million in bitcoin flowing out of exchanges as citizens sought to preserve value amid financial collapse.
Iran’s crypto economy surged past $7.78 billion in 2025, with Bitcoin emerging as both a financial lifeline for citizens and a strategic tool for the IRGC amid political turmoil and conflict.
An unknown "Project Spartacus" has formed in an attempt to immortalize on bitcoin the thousands of Afghan War logs published by Julian Assange's WikiLeaks in 2010.