Iran Crypto News Sparks Waves: Accepts Crypto For Weapons Deals

Iran Crypto News: Country Selling Advanced Weapons With Crypto Paymen

Iran vision towards Cryptocurrency

In the latest Iran crypto news, the country proposed a vision where it aims to bypass western financial controls through decentralized technology. To make this possible, the state is offering to sell their advanced weapons systems such as ballistic missiles, drones and warships to foreign governments for cryptocurrency. 

Source - Crypto India 

This offer was made by Iran in the previous year 2025, as this is important to mention that the country has become the first, where a nation publicly indicated its urge to accept cryptocurrency as a payment mode in transactions of military and defence weapons. 

Iranian Government Official Statement: How The Framework Works

According to reports, Iran’s Ministry of Defence Export Center, known as Mindex, is all prepared to negotiate military contracts that allow payment in digital currencies, as well as through barter arrangements and Iranian rials.

Mindex has mentioned in its policy that, during a war with another countries, the weapons should be used under a set of rules mentioned by the defence centre. Although, these rules are not fixed and can be negotiated between both the parties, i.e buyer and seller.

The nation has listed all of its weapons on the official website of its defense center. However, the prices have not been mentioned. Regarding payment, the country stated that interested parties can visit the country in person to inspect the goods, and the payment can then be arranged in the destination state.

Iran Crypto Adoption: From Bans To Acceptance

In 2018, the central Bank of Iran (CBI) banned crypto use over the illegal activities concerned. But after facing foreign sanctions, the regulators legalize crypto mining in 2019, noting the independence from foreign powers' influence over native economy. Recently, the nation has become one of the major Bitcoin mining marketing countries, and this is all possible due to the low electricity cost. It is important to note that most of the mining was illegal in the country, as miners were operating without the permit, which led to stressing the power grid. But hopefully, the government has cracked down on illegal mining and even banned mining temporarily during power shortages.

As for now the country has a surging number of crypto-traders, ~22% of the population are now engaging with digital assets. Domestic exchanges like Nobitex grew popular, offering wider exposure to users through VPN also. 

And now, with this new weapon initiative the country is hoping to become a digital asset giant of Central Asia soon. 

Conclusion

It is important to understand that the nation does not have just one, but clients in 35 countries that trade weapons with it. In such a situation, it is reasonable to believe that Iran is likely to move strongly toward digital assets. We can expect that this move may turn out to be positive for the crypto market.

Disclaimer - This is not financial advice. Please do your research before investing. CoinGabbar is not responsible for any financial losses. Crypto assets are highly volatile and you can lose your entire investment.