Mindex, the export heart of Iran’s Ministry of Protection, is accepting cryptocurrency funds methodology for superior weapons techniques as a way of bypassing worldwide sanctions that the nation faces.
Potential clients should purchase weapons similar to missiles, tanks and drones utilizing crypto, amongst different accepted fee strategies together with Iranian rials or bartering, in keeping with the middle’s web site.
Mindex is accountable for Iran’s abroad protection gross sales and claims to have purchasers in 35 international locations.
No costs are displayed for the obtainable objects.
The supply is among the many first identified situations of a rustic accepting cryptocurrency as a way of fee for navy gear, in keeping with the Monetary Occasions, which the information earlier.
The ability for utilizing cryptocurrency as a way of fee in transaction involving sanctioned international locations, nonetheless, is already properly established. In early 2025, blockchain analytics supplier Chainalysis reported that U.S.-sanctioned international locations had acquired practically $16 billion in digital property the yr earlier than.
United Nations (UN) sanctions in opposition to Iran noticed a re-escalation in 2025, with the reimposition of those who had been lifted in 2015 associated to the nation’s nuclear program.
