Iran is Using Crypto to Buy Weapons to Work Around International Sanctions
Iran has taken steps to widen how it accepts payment for military exports, indicating it is prepared to take crypto in addition to its national currency and non-cash exchanges. The country’s Ministry of Defense Export Center (Mindex) has set out terms aimed at foreign buyers seeking to purchase items ranging from ballistic missiles and naval vessels to other defense-related hardware. Mindex promotes its ties with 35 nations and operates an online showcase listing weapons systems, rockets, munitions, and amphibious craft. While references to alternative settlement options appeared as early as 2025, recent disclosures suggest a more defined framework designed for…
