Breaking news! Iran’s policy makes a major U-turn!

Originally, the plan was to let ships passing through the Strait of Hormuz pay tolls with cryptocurrency, but now they’ve changed their stance directly, requiring settlement only in the national Rial!

This move has a big impact on the crypto market:
In the short term, it directly cuts off the hype-driven positive outlook for Bitcoin as a national-level application, and market sentiment will cool down.

You have to know that nearly a hundred ships pass through the strait every day—if all of them settled in Bitcoin, in the long run it would bring massive incremental volume, a definite major positive.

But from another angle, the potential risks are also removed:
If cryptocurrency becomes a tool to bypass sanctions, it will easily attract strong crackdowns from the United States.

Now that Iran has abandoned crypto settlement, near-term sentiment faces pressure, but in the long run, it actually helps the crypto community avoid a major sanctions risk!

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