Iran allegedly offers to sell advanced weapons for cryptocurrency

Iran allegedly offers to sell advanced weapons for cryptocurrency
iran exhibition
The Financial Times reports that Iran is considering selling drones, missiles, and even ships to foreign buyers with payment in cryptocurrency to circumvent financial restrictions and sanctions barriers.

Iran has allegedly offered foreign governments and entities to buy advanced weapons systems with payment in cryptocurrency. This is reported by the Financial Times, citing related materials and assessments circulating in the industry

Public reports say that the proposal may include drones, ballistic missiles and naval platforms. According to Tehran, this format of payments should reduce dependence on the banking system, which is under pressure from Western sanctions, and simplify external payments in case of blockades or increased compliance

It is also noted that any export plans directly depend on Iran's domestic needs and production capabilities, as well as on supply routes, insurance and interception risks. The materials recounting the content of the message also note that the topic of payment in cryptocurrency is being considered as part of a broader strategy to circumvent financial restrictions

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