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On April 19, Cointelegraph reported that Iran has designated Bitcoin for paying oil transit fees in the Strait of Hormuz. However, insiders indicate that the majority of transactions are still settled using stablecoins. According to a previous report by BlockBeats on April 8, the Financial Times stated that during a two-week ceasefire, Iran would require shipping companies to pay transit fees for oil tankers passing through the Strait of Hormuz in cryptocurrency (Bitcoin) to maintain control over the waterway. Hamid Hosseini, a spokesperson for the Iranian Oil, Gas and Petrochemical Products Exporters Union, stated that each oil tanker must report its cargo information to Iranian authorities via email, after which Iran will inform them of the required fee amount, which must be paid in cryptocurrency. 'Once the email is received and Iran completes its assessment, the vessel will have a few seconds to make the payment in Bitcoin, ensuring it cannot be tracked or confiscated due to sanctions.'

[Iran Designates Bitcoin for Hormuz Oil Tanker Fees, But Settlements Mainly in Stablecoins]On April 19, Cointelegraph reported that Iran has designated Bitcoin for paying oil transit fees in the Strait of Hormuz. However, insiders indicate that the majority of transactions are still settled using stablecoins. According to a previous report by BlockBeats on April 8, the Financial Times stated that during a two-week ceasefire, Iran would require shipping companies to pay transit fees for oil tankers passing through the Strait of Hormuz in cryptocurrency (Bitcoin) to maintain control over the waterway. Hamid Hosseini, a spokesperson for the Iranian Oil, Gas and Petrochemical Products Exporters Union, stated that each oil tanker must report its cargo information to Iranian authorities via email, after which Iran will inform them of the required fee amount, which must be paid in cryptocurrency. 'Once the email is received and Iran completes its assessment, the vessel will have a few seconds to make the payment in Bitcoin, ensuring it cannot be tracked or confiscated due to sanctions.'

Iran Designates Bitcoin for Hormuz Oil Tanker Fees, But Settlements Mainly in Stablecoins

HTX data showed that ETH fell below 2300  USDT and is now at 2298.78 USDT, with a decrease of 4.52% in 24H.

[ETH fell below 2300  USDT] HTX data showed that ETH fell below 2300  USDT and is now at 2298.78 USDT, with a decrease of 4.52% in 24H.

ETH fell below 2300  USDT

HTX data showed that BTC fell below 75000  USDT and is now at 74988.17 USDT, with a decrease of 2.72% in 24H.

[BTC fell below 75000  USDT] HTX data showed that BTC fell below 75000  USDT and is now at 74988.17 USDT, with a decrease of 2.72% in 24H.

BTC fell below 75000  USDT

On April 19, The Wall Street Journal reported that Iran quickly reversed its position on the reopening of the Strait of Hormuz, exposing the growing rift between the country's political leadership and its military hardliners. Iranian Foreign Minister Amir-Abdollahian announced on Friday that the Strait of Hormuz was 'completely open.' However, this statement quickly provoked a strong backlash within Tehran. A recording obtained by the newspaper revealed that a person claiming to be a member of the Iranian Revolutionary Guard Navy stated via maritime radio that the Strait remained closed and that vessels needed permission to pass. 'We will open the Strait according to our leader's orders, not by believing some childish tweets,' said one crew member, indicating that other vessels were responding to this warning. Around the same time, the Tasnim News Agency, affiliated with the Revolutionary Guard, criticized the Foreign Minister for announcing this policy on social media. The agency stated, 'The Foreign Ministry should reconsider this mode of communication.' Senior hardliner lawmaker Morteza Mahmoudi called for the dismissal of Amir-Abdollahian, claiming that his statement led to a drop in oil prices and handed a gift to the United States.

[US Media: Closure of the Strait Reflects Internal Divisions in Iran]On April 19, The Wall Street Journal reported that Iran quickly reversed its position on the reopening of the Strait of Hormuz, exposing the growing rift between the country's political leadership and its military hardliners. Iranian Foreign Minister Amir-Abdollahian announced on Friday that the Strait of Hormuz was 'completely open.' However, this statement quickly provoked a strong backlash within Tehran. A recording obtained by the newspaper revealed that a person claiming to be a member of the Iranian Revolutionary Guard Navy stated via maritime radio that the Strait remained closed and that vessels needed permission to pass. 'We will open the Strait according to our leader's orders, not by believing some childish tweets,' said one crew member, indicating that other vessels were responding to this warning. Around the same time, the Tasnim News Agency, affiliated with the Revolutionary Guard, criticized the Foreign Minister for announcing this policy on social media. The agency stated, 'The Foreign Ministry should reconsider this mode of communication.' Senior hardliner lawmaker Morteza Mahmoudi called for the dismissal of Amir-Abdollahian, claiming that his statement led to a drop in oil prices and handed a gift to the United States.

US Media: Closure of the Strait Reflects Internal Divisions in Iran

On April 19, Cointelegraph reported that Iran has designated Bitcoin for paying oil transit fees in the Strait of Hormuz. However, sources indicate that the majority of transactions are still settled using stablecoins. According to previous reports from BlockBeats on April 8, the Financial Times stated that during a two-week ceasefire, Iran would require shipping companies to pay transit fees for oil tankers passing through the Strait of Hormuz in cryptocurrency (Bitcoin) to maintain control over the waterway. Hamid Hosseini, a spokesperson for the Iranian Oil, Gas, and Petrochemical Exporters Union, stated that each tanker must email Iranian authorities with its cargo information, after which Iran will inform them of the required fee, which must be paid in cryptocurrency. 'Once the email is received and Iran completes its assessment, the ship will have a few seconds to make the payment in Bitcoin, ensuring it cannot be tracked or seized due to sanctions.'

[Iran Designates Bitcoin for Hormuz Oil Tanker Fees, But Settlements Mainly in Stablecoins]On April 19, Cointelegraph reported that Iran has designated Bitcoin for paying oil transit fees in the Strait of Hormuz. However, sources indicate that the majority of transactions are still settled using stablecoins. According to previous reports from BlockBeats on April 8, the Financial Times stated that during a two-week ceasefire, Iran would require shipping companies to pay transit fees for oil tankers passing through the Strait of Hormuz in cryptocurrency (Bitcoin) to maintain control over the waterway. Hamid Hosseini, a spokesperson for the Iranian Oil, Gas, and Petrochemical Exporters Union, stated that each tanker must email Iranian authorities with its cargo information, after which Iran will inform them of the required fee, which must be paid in cryptocurrency. 'Once the email is received and Iran completes its assessment, the ship will have a few seconds to make the payment in Bitcoin, ensuring it cannot be tracked or seized due to sanctions.'

On April 19, Nobel Laureate in Economics Heckman stated in an exclusive interview with the national broadcaster that U.S. policies are erratic, leading many countries to be reluctant to engage with the U.S. Currently, nations are adjusting their trade models and seeking ways to bypass tariffs when trading with the U.S. Due to the inconsistency of U.S. policies, many countries are looking for alternative supply channels.

[Nobel Laureate in Economics: U.S. Policies Are Inconsistent, Many Countries Reluctant to Engage]On April 19, Nobel Laureate in Economics Heckman stated in an exclusive interview with the national broadcaster that U.S. policies are erratic, leading many countries to be reluctant to engage with the U.S. Currently, nations are adjusting their trade models and seeking ways to bypass tariffs when trading with the U.S. Due to the inconsistency of U.S. policies, many countries are looking for alternative supply channels.

Nobel Laureate in Economics: U.S. Policies Are Inconsistent, Many Countries Reluctant to Engage

On April 19, The Wall Street Journal reported that President Trump seems to have lost his 'spirit of adventure,' while his sense of fear grows daily. Previously, in the nearly empty West Wing of the White House, Trump learned that an American fighter jet had been shot down in Iran, and shortly after two pilots went missing, he raged at his aides for hours. He repeatedly said, 'The Europeans haven't helped at all.' According to those who have spoken with him, images from the 1979 Iran hostage crisis have been haunting him. After the American pilots were rescued, the once-arrogant president made a desperate attempt to weaken Iran's strongest leverage—its control over the Strait of Hormuz. At that time, Trump tweeted, 'Open the strait, you madmen.' This president, who has always been keen on creating dramatic scenes, applied his unorthodox and extreme style in an even more extreme manner to a potential war. He sometimes adopts a belligerent stance, while at other times he employs a conciliatory strategy, all the while pondering how far the situation might escalate. He fears ordering troops into dangerous areas, leading to injuries and some not returning home, similar to the experiences of other presidents who have faced war.

[US Media: Trump Appears Arrogant Publicly, Yet Feels Increasing Fear Inside]On April 19, The Wall Street Journal reported that President Trump seems to have lost his 'spirit of adventure,' while his sense of fear grows daily. Previously, in the nearly empty West Wing of the White House, Trump learned that an American fighter jet had been shot down in Iran, and shortly after two pilots went missing, he raged at his aides for hours. He repeatedly said, 'The Europeans haven't helped at all.' According to those who have spoken with him, images from the 1979 Iran hostage crisis have been haunting him. After the American pilots were rescued, the once-arrogant president made a desperate attempt to weaken Iran's strongest leverage—its control over the Strait of Hormuz. At that time, Trump tweeted, 'Open the strait, you madmen.' This president, who has always been keen on creating dramatic scenes, applied his unorthodox and extreme style in an even more extreme manner to a potential war. He sometimes adopts a belligerent stance, while at other times he employs a conciliatory strategy, all the while pondering how far the situation might escalate. He fears ordering troops into dangerous areas, leading to injuries and some not returning home, similar to the experiences of other presidents who have faced war.

US Media: Trump Appears Arrogant Publicly, Yet Feels Increasing Fear Inside

On April 19, according to market news, U.S. President Trump discussed the situation in the Strait of Hormuz and the details of the agreement with Iran with Pakistan's Army Chief Munir.

[Trump Discusses Strait of Hormuz Situation and Iran Agreement Details with Pakistan's Army Chief]On April 19, according to market news, U.S. President Trump discussed the situation in the Strait of Hormuz and the details of the agreement with Iran with Pakistan's Army Chief Munir.

Trump Discusses Strait of Hormuz Situation and Iran Agreement Details with Pakistan's Army Chief

On April 19, according to market news, U.S. President Trump discussed the situation in the Hormuz Strait and the details of the agreement with Iran with Pakistan Army Chief Munir.

[Trump Discusses Hormuz Strait Situation and Iran Agreement Details with Pakistan Army Chief]On April 19, according to market news, U.S. President Trump discussed the situation in the Hormuz Strait and the details of the agreement with Iran with Pakistan Army Chief Munir.

Trump Discusses Hormuz Strait Situation and Iran Agreement Details with Pakistan Army Chief

European centralized cryptocurrency exchange, WhiteBit, has launched its own blockchain, the WB Network, to promote the adoption of blockchain technologies. The network operates on the Proof-of-Authority consensus algorithm and uses the WhiteBit Coin as its underlying blockchain coin. It provides users with a transparent, user-owned infrastructure for faster cryptocurrency transactions and reduced user fees.

[WhiteBit Launches WB Network Blockchain to Promote Adoption of Blockchain Technologies]European centralized cryptocurrency exchange, WhiteBit, has launched its own blockchain, the WB Network, to promote the adoption of blockchain technologies. The network operates on the Proof-of-Authority consensus algorithm and uses the WhiteBit Coin as its underlying blockchain coin. It provides users with a transparent, user-owned infrastructure for faster cryptocurrency transactions and reduced user fees.

WhiteBit Launches WB Network Blockchain to Promote Adoption of Blockchain Technologies

Norman Chan: Steadily Developing Hong Kong's Compliant Stablecoin Ecosystem

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ENS Confirms Security Issue: Domain Services Unaffected, Investigation Launched

WhiteBit Launches WB Network Blockchain to Promote Adoption of Blockchain Technologies

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