Prospective customers could purchase weapons such as missiles, tanks and drones using crypto, according to a government website.
The export center of Iran's Ministry of Defense is accepting cryptocurrency as a payment method for advanced weapons systems. Iran's Ministry of Defence Export Center is accepting cryptocurrency payments method for advanced weapons systems as a means of bypassing international sanctions that the country faces.
The offer is among the first known instances of a country accepting cryptocurrency as a means of payment for military equipment, according to the Financial Times. The facility for using cryptocurrency to pay for transactions involving sanctioned countries is already well established. Mindex, the export center of Iran's Ministry of Defense, is accepting cryptocurrency payments method for advanced weapons systems as a means of bypassing international sanctions that the country faces.Mindex is responsible for Iran's overseas defense sales and claims to have clients in 35 countries.The offer is among the first known instances of a country accepting cryptocurrency as a means of payment for military equipment, The facility for using cryptocurrency as a means of payment in transaction involving sanctioned countries, however, is already well established. In early 2025, blockchain analytics provider Chainalysis reported that U.S.-sanctioned countries hadKuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.for the year, signalling broad-based usage rather than reliance on a single product line., reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.Turkmenistan legalized cryptocurrency mining and exchanges to boost economic development and attract foreign investment. The law, signed by President Serdar Berdimuhamedov, provides a legal framework for virtual assets, categorizing them as property.
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