Broke: legitimizing crypto will help solidify the dollar’s status as reserve currency.
Woke: legitimizing crypto will help facilitate money laundering and sanctions evasion.
Bespoke: legitimizing crypto will help displace petrodollars.
FT scoop - Iran will demand that shipping companies pay tolls in cryptocurrency for laden oil tankers passing through the Strait of Hormuz. One official says it could be equivalent to $1 per barrel of oil www.ft.com/content/02ae...
ft.com
Iran demands fees for ships passing Hormuz during ceasefire
Oil exporter’s union says fees to be paid in cryptocurrency and vessels monitored for weapons