Iran accepts payment for arms sales using cryptocurrency

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Iran's defense export agency now accepts cryptocurrency, barter, or rials for arms sales, including missiles and drones, to bypass Western sanctions.

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Irancryptocurrencyarms salessanctionsdefense exports

[Iran Accepts Cryptocurrency Payments for Arms Sales] According to a report by the Financial Times, the Iranian Ministry of Defense's Defense Export Center (Mindex) announced it is ready to negotiate military contracts, allowing for various payment methods, including digital currencies, barter trade, or Iranian rials. Mindex, the agency responsible for Iran's overseas defense sales, has listed advanced weapons such as Emad ballistic missiles, Shahed drones, Soleimani-class warships, and short-range air defense systems, a move aimed at circumventing Western financial sanctions.

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