Iran Plans to Sell Advanced Weapons Using Cryptocurrency as Sanctions and Inflation Weigh on Economy
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The post Iran Plans to Sell Advanced Weapons Using Cryptocurrency as Sanctions and Inflation Weigh on Economy appeared first on Coinpedia Fintech News Iran has reportedly announced plans to sell advanced weapons systems using cryptocurrency, executing its international trade amid heavy economic pressure. The announcements come as Iran struggles with high inflation and a sharply weakening national currency, following years of sanctions and restricted access to global banking. By turning to crypto for high-value transactions, Iranian officials seem to seek alternative financial channels to support trade and stabilize parts of the economy. Iran to Use Crypto For High Value Transactions Iran has reportedly announced plans to sell advanced weapons systems to foreign countries using cryptocurrency as the country aims to handle economic pressure and foreign trade. The move comes as Iran deals with a weakening national currency and high inflation, with the rial falling to a record low against the dollar in 2025. Ongoing economic uncertainty has also triggered public protests, increasing pressure on the government to introduce reforms and respond to public concerns. Iran’s Ministry of Defense export agency, Mindex, said in official documents and payment terms that it is open to negotiating military contracts that allow foreign governments to pay using cryptocurrency, barter arrangements, or the Iranian rial. Also read: Iran’s Rial Hits Historic Low as Inflation Sparks Unrest As the body in charge of Iran’s overseas weapons sales, Mindex lists advanced military equipment such as Emad ballistic missiles, Shahed drones, Soleimani-class warships, and short-range air defense systems. Addressing sanctions concerns, the agency said it has measures in place to carry out contracts and deliver products despite restrictions. Using cryptocurrency for large transactions is a critical move, especially as many countries around the world are tightening anti-money laundering and tax reporting rules. Iran’s economy has been heavily affected…
Filed under: News - @ January 1, 2026 5:15 pm