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Iran Taps Into Cryptocurrency Payments For Advanced Weapons Trade Amid Sanctions, Economic Crisis: Report

In a move to circumvent Western financial sanctions, Iran is reportedly offering to sell advanced weapons systems to foreign governments in exchange for cryptocurrency.

Iran To Sell Missiles For Bitcoin?

Iran’s Ministry of Defence Export Center, or Mindex, is open to negotiating military contracts that allow payment in digital currencies, according to a Financial Times report published Thursday.

The state-run body, which oversees Iran’s overseas defense sales, is also considering barter arrangements and Iranian Rials as payment options, the report mentioned.

Mindex’s website offers a catalogue of weapons that includes assault rifles, ballistic missiles,…

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