Iran receives Hormuz tolls in fiat currency

Data from Iran's Central Bank, reported by the Fars News Agency, confirms that revenues collected from ships transiting the Strait of Hormuz are received in hard currency and deposited directly into the bank. This clarification effectively puts to rest earlier media speculation, including claims that Iran was accepting toll payments in cryptocurrency. The regime claims the payment system is now operational, marking a significant step in its effort to monetize control over the critical global chokepoint.