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Alan Draper

Iran's Mindex Opens Foreign Weapons Sales to Cryptocurrency, Barter and Rial Payments

Iran's Ministry of Defence Export Center, Mindex, has formally added cryptocurrency to its list of payment methods for overseas arms buyers, alongside barter deals and the Iranian rial. The move, presented on its official website, covers a wide range of weapons systems and comes after years of sanctions and banking restrictions. Security analysts warn this shift could complicate monitoring and regulation of global arms transactions as digital assets become part of Iran's export toolkit.
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