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Iran’s Arms Exporter Opens Crypto Payments for Weapons Sales

The move spotlights Tehran’s attempt to route arms payments outside traditional banking to blunt Western financial pressure.

Overview

  • Mindex confirms buyers may settle contracts in digital currencies, with barter and local currency also listed as options.
  • The Financial Times verified the exporter’s website and found it hosted on an Iranian cloud provider sanctioned by the U.S. Treasury.
  • An FAQ on the portal states Iran’s policies on “circumventing sanctions” will allow contract implementation and delivery despite restrictions.
  • The catalogue advertises drones, missiles and other systems and the agency claims relationships with about 35 countries, though no crypto‑paid deliveries have been disclosed.
  • U.S. officials warn of penalties for crypto transactions with sanctioned networks, and Israel recently ordered the seizure of 187 wallets linked to the IRGC.