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Iran’s Defense Exporter Opens Weapons Sales to Cryptocurrency Payments

Tehran is positioning digital assets as a sanctions workaround for state arms sales.

Overview

  • Mindex’s public catalog lists more than 3,000 items, including Emad ballistic missiles, Shahed drones, Shahid Soleimani-class warships, and short-range air defense systems, with no prices posted.
  • Payment terms present cryptocurrency alongside barter deals and Iranian rials, and the site’s FAQ says Iran’s sanctions‑circumvention policy ensures delivery.
  • The platform is hosted on an Iranian cloud provider already designated by the U.S. Treasury.
  • The agency says it maintains client ties with roughly 30 to 35 countries, and reporters note this is among the first public cases of a nation taking crypto for strategic weapons.
  • U.S. Treasury and OFAC have intensified enforcement against Iranian crypto networks and warned potential buyers about secondary‑sanctions risk.