Iran Confirms Receipt of First Hormuz Strait Toll Payment in Cash Forex

On April 24, Iran's central bank confirmed the receipt of the first toll payment for ships passing through the Hormuz Strait in the form of cash forex. According to BlockBeats, earlier reports suggested that Iran was collecting these tolls in cryptocurrency. Earlier in the day, Iran's Islamic Parliament Deputy Speaker, Hajji Babaei, announced that the first Hormuz Strait toll payment had been received and deposited into the central bank's account.