Iran Arms Exporter Mindex Publicly Accepts Crypto Payments to Bypass Sanctions
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 02 2026- Crypto Payment Policy: Iran's Ministry of Defence Export Center, Mindex, openly accepts cryptocurrency for arms sales, aiming to bypass Western sanctions and enhance transaction flexibility in international markets.
- Increased Transparency: Mindex's public announcement of its crypto payment policy, reportedly in place for about a year, marks one of the first known instances of a nation-state openly promoting such payment methods, likely drawing significant international scrutiny.
- Diverse Weapons Catalog: The exporter’s online catalog features a wide range of military hardware, including ballistic missiles and drones, indicating that crypto payments extend beyond peripheral goods to core elements of Iran's defense industry.
- Challenges to Sanctions Enforcement: Mindex's actions illustrate how states can engage in legitimate transactions using cryptocurrencies, complicating the enforcement of international sanctions and increasing pressure on regulators to adapt to evolving financial landscapes.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
