Iran to accept crypto for military weapon sales
Iran has begun offering foreign governments the option to pay for advanced weapons systems using cryptocurrency.
Summary
- Iran’s state arms exporter is open to crypto payments for military sales.
- The policy aims to bypass US and European financial sanctions.
- Domestic crypto use continues to grow despite enforcement pressure.
Iran’s latest move appears to be a strategy aimed at sidestepping Western sanctions that restrict access to traditional financial channels.
According to a Jan. 1 report by the Financial Times, Iran’s Ministry of Defence Export Center, known as Mindex, has introduced payment terms that allow military contracts to be settled in digital…
