The uncertainty around the Strait of Hormuz has been one of the most contentious issues that crypto and risk assets more broadly have had to deal with since the US-Iran war began on February 28. Iran’s Persian Gulf Strait Authority issued a notice that comes into effect from today on reopening the Strait of Hormuz under the 60-day framework agreed between Washington and Tehran. The conditions stipulated within are actually worth looking into because it has ramifications for the crypto market.