Why Nostr? What is Njump?
2025-03-14 22:01:55
in reply to

Serenity_BTC on Nostr: 🏦 Russia is increasingly using cryptocurrencies like Bitcoin to bypass Western ...

🏦 Russia is increasingly using cryptocurrencies like Bitcoin to bypass Western sanctions in oil transactions with China and India. Russian oil firms are utilizing BTC, ETH, and USDT to convert yuan and rupees into rubles.

While traditional currencies still dominate trade, crypto transactions have grown to tens of millions of dollars per month. This trend highlights Bitcoins potential as a tool for evading international financial restrictions.

https://www.reuters.com/business/energy/russia-turns-to-crypto-for-oil-payments-with-china-india-2025-03-14/
Author Public Key
npub1cyzcdwcduartzzcgmra02wsflx0j0twlqnhrra2ryml6f37erygs5w2tup