Seyed Ali Madani-Zadeh

Iran's Minister of Economic Affairs and Finance

Appears in 1 story

Office: Minister of Economic Affairs and Finance

Born: 1982

Education: Sharif University of Technology, Stanford University, University of Chicago

Last updated Nov 2, 2026

Stories

Iran launches Bitcoin-backed insurance for Hormuz shipping

Money Moves

Minister whose department built Hormuz Safe; the platform was designated in July 2026

Iran started selling Bitcoin-priced insurance for Strait of Hormuz crossings in May. Treasury has since designated the platform, the state insurer behind it and a Tehran exchange it says moved the money to the Revolutionary Guard.

Updated Oct 23