Iran accepts cryptocurrency for advanced weapon systems.

Iran Engages in Arms Sales with Cryptocurrency

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

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