Topic: #maritime
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US Treasury sanctions Iranian firms accepting Bitcoin for Hormuz passage
The U.S. Treasury's Office of Foreign Assets Control sanctioned two Iranian firms on Wednesday, including HormuzSafe Marine Services Authority, which accepts Bitcoin and other digital assets to bypass Western sanctions on shipping through the Strait of Hormuz.
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Gulf of Aden piracy escalates: unauthorized vessel boarding reported
The UK Maritime Trade Operations reported unauthorized personnel boarded a merchant vessel in the Gulf of Aden as piracy resurges, with prediction markets pricing an 82.5% chance of successful Houthi targeting by July 31.