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The Nexus
BUSINESSMay 18 · 09:27 UTCTHE BLOCKBrian Danga

Iran-linked report says Hormuz Safe bitcoin-settled insurance platform aims to generate $10 billion

Iranian media reports the launch of Hormuz Safe, a bitcoin-settled insurance platform tied to Strait of Hormuz cargo transit, aiming to generate $10 billion. The platform is linked to Iran and focuses on cargo transit insurance. The project's goal is ambitious, seeking to reach a high revenue target.

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