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Iran Launches Crypto Insurance Platform to Control Strait of Hormuz

Iran Launches Crypto Insurance Platform to Control Strait of Hormuz

ZeroHedge·17 May 2026

Iran has unveiled a cryptocurrency-based insurance platform called 'Hormuz Safe,' giving Tehran financial and informational control over one of the world's most critical shipping lanes, with projected revenues exceeding $10 billion. This move represents a significant shift in global economic power, as a sanctioned nation uses digital currency to bypass Western financial systems and assert dominance over a chokepoint through which roughly 20% of the world's oil flows. The Bible warns of a coming global economic order where financial control is centralized and weaponized — Iran's crypto toll system is an early glimpse of how digital currency can enforce geopolitical dominance, echoing Revelation 13:17's vision of controlled commerce.