According to the Financial Times, the Iran Defense Export Center (Mindex) stated that over the past year, it has proposed allowing the use of cryptocurrencies as a payment method to sell advanced weapon systems—including ballistic missiles, drones, and warships—to foreign governments, while also accepting barter and Iranian rial settlements. Mindex is a state-owned agency responsible for Iran's overseas arms sales, claiming to have client relationships with 35 countries and listing various types of weapons and equipment on its official website. The website supports multiple languages, and its authenticity has been verified through archived versions, registration information, and technical infrastructure reviews.

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