Iran Demands Bitcoin for Oil Passage, Markets Rally on Fragile Ceasefire

April 9th, 2026 - Bitcoin hovers around seventy-one thousand dollars after a ceasefire-driven rally, but analysts warn the recovery remains fragile. Iran announces plans to collect Bitcoin payments from oil tankers passing through the Strait of Hormuz during a temporary two-week truce. Meanwhile, the Treasury Department proposes new anti-money laundering rules for stablecoin issuers, Morgan Stanley's new Bitcoin ETF launches with the lowest fees in the market, and quantum computing threats to cryptocurrency spark debate among researchers and industry leaders. Plus, six Swiss banks join forces to test a Swiss franc stablecoin, and the White House pushes back on banking industry claims about stablecoin yields threatening traditional finance.