Tehran, April 23 -- Iran's central bank has confirmed that revenue from newly introduced transit fees for vessels passing through the Strait of Hormuz has been successfully deposited, putting to rest speculation over the form of payment, as reported by Iranian state media Press TV.

As reported by Iranian state media Press TV, the income was received in "cash currency" and credited to the central bank's accounts.

The clarification follows earlier media claims suggesting that Iran was collecting transit fees in digital currencies such as Bitcoin or other cryptocurrencies.

The report also noted that Iran's Deputy Parliament Speaker Hamidreza Hajibabaee announced that the first revenue from the Strait of Hormuz tolls had already been depos...