Iran: Accepting cryptocurrency payments for advanced weapon orders

According to the Financial Times, Iran's Ministry of Defense Export Center Mindex stated in official documents and payment terms that the agency is prepared to negotiate military contracts, allowing foreign governments to use cryptocurrency, barter trade, or Iranian rials for payments.

As the agency responsible for Iran's overseas defense sales, Mindex's export list includes advanced weapons such as Emad ballistic missiles, Shahed drones, Suleimani-class warships, and short-range air defense systems. In response to sanction risks, Mindex stated in the FAQ section of its official platform that, given Iran's policy of evading sanctions, there are no issues with executing contracts and ensuring product delivery to the destination.