In brief
- The website for Iran’s Ministry of Defence Export Center (Mindex) has been updated to say that it would accept payment for military equipment in crypto.
- Iran has been a big adopter of crypto for the evasion of sanctions, but some experts suggest that the Mindex website may not facilitate that much trade using cryptocurrencies.
- While crypto may help provide alternative means of payment, experts also argue that it can make identification and designation of illicit flows more straightforward.
Iran has begun accepting crypto as payment in its sales of advanced weapons, as part of ongoing efforts to evade international sanctions.
Mindex, Iran’s Ministry of Defence Export Center, has updated the FAQ on its website to state that…
Jan 08 2026
