Iran accepts cryptocurrency for advanced weapon systems.

Iran Conducts Arms Sales with Cryptocurrency

Iran Ministry of Defense Export Center has started accepting cryptocurrency payments for advanced weapon systems in order to bypass international sanctions. This situation stands out as one of the first known examples of a country using cryptocurrency as a payment method for military equipment.

According to a report by Financial Times, the possibility of using cryptocurrency in transactions with sanctioned countries has become well established. This new payment method emerges as part of Iran's efforts to circumvent restrictions on its international trade.