Russia Leverages Bitcoin and Crypto for Oil Trades with China and India
Russia is strategically using Bitcoin and cryptocurrencies to facilitate oil trades with China and India. This move allows Russia to bypass sanctions related to the ongoing Ukraine conflict. By adopting crypto solutions, Russia could gain an edge in international trade despite economic external pressures. This development is crucial to watch as it marks a significant shift in how nations engage in trade amid sanctions. The use of cryptocurrency may redefine how countries approach their energy needs, shaping global markets.