Russia Embraces Crypto for Oil Deal

Russia is now using Bitcoin, Ethereum & Tether for oil trade with China & India.

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Bypassing Western restrictions, Russia shifts payments into crypto before converting to rubles.

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Crypto makes up a fraction of Russia's $192B oil trade, but its use is expanding.

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Chinese & Indian buyers pay in yuan or rupees, which are converted into crypto for Russia.

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Funds move to offshore accounts, exchanged for crypto, and withdrawn into Russia.

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Speed, flexibility, and freedom from Western financial controls make it attractive.

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State-owned Chinese firms cut Russian oil imports over U.S. sanction concerns.

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The U.S. revoked Russia’s exemption from U.S. payment systems for energy deals.

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Global oil prices could rise as Russian trade faces new financial hurdles.

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Is It Too Late to Invest in Bitcoin?

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