Iran is offering to sell advanced weapons in exchange for cryptocurrency as it seeks to bypass international sanctions and keep arms exports flowing, according to a report by the Financial Times.
Promotional material linked to Iran’s Ministry of Defense Export Center indicates the country is willing to negotiate military contracts paid for in digital currencies, as well as through barter deals or Iranian rials.
The move comes as Tehran faces renewed and expanded Western sanctions targeting its nuclear and missile programs, oil exports, and access to global banking systems, forcing greater reliance on alternative payment methods such as Bitcoin.
Analysts say the offer is one of the first known cases of a state openly signalling acceptance of cryptocurrency for weapons sales, with Iran marketing everything from drones and ballistic missiles to air defence systems and warships to clients in dozens of countries.
US authorities have previously accused Iran of using digital assets to move funds outside formal banking channels, and have sanctioned individuals alleged to be involved in crypto-based networks supporting the country’s trade.
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