Crypto Could Become Iran’s Secret Weapon In Global Arms Trade
Iran's state arms export agency, Mindex, is now openly accepting cryptocurrency as payment for military hardware, including drones, missiles, and naval vessels. This move, reported in early 2026, represents a shift from previous covert uses of digital assets and is seen as an effort to circumvent international sanctions and banking restrictions. The agency also accepts Iranian rial and barter payments, offering a way to continue arms exports to approximately 35 countries despite financial isolation. While this could make tracking transactions more difficult for enforcement agencies, it remains unclear how many deals will actually use crypto or which specific cryptocurrencies will be accepted.
bitcoinist01/03 11:32