Iran Arms Exporter Proposes Accepting Cryptocurrency for Weapons Sales

Iran's Ministry of Defence Export Center has proposed accepting cryptocurrency as payment for advanced weapons, including ballistic missiles, drones and warships, alongside existing options such as barter and Iranian rial transactions, according to a report by the Financial Times cited by The Block. The state-run arms exporter, which reportedly serves clients in 35 countries, outlined the proposal as a means of conducting transactions under longstanding international sanctions on Iran.