Iran's Mindex Accepts Crypto Payments for Advanced Weapons Exports
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 02 2026- Crypto Payment Innovation: Iran's Ministry of Defence Export Center, Mindex, has begun accepting cryptocurrency for arms sales to circumvent Western sanctions, marking a first for state military transactions using digital currencies.
- Client Network Expansion: Mindex maintains relationships with clients across 35 countries, offering advanced weaponry including ballistic missiles and drones, showcasing a robust inventory and flexible deal terms.
- Online Trading Platform: The newly launched online portal and virtual chatbot provide buyers with a seamless transaction experience, ensuring delivery despite sanctions, demonstrating Iran's adaptability in high-risk trade.
- Market Potential: Despite international sanctions, Iran ranked 18th in global arms exports in 2024, with domestic crypto traders reaching 5 million, highlighting the significance of cryptocurrency in evading financial restrictions.
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.
