tzongocu on Nostr: š° News Alert: š Title: Russian oil firms use Bitcoin, Ethereum, USDT for ...
š° News Alert:
š Title: Russian oil firms use Bitcoin, Ethereum, USDT for cross-border payments with China and India
šļø Published: Fri, 14 Mar 2025 12:10:10 +0000
š Summary: Russian oil companies have begun using cryptocurrencies like Bitcoin and Ethereum for oil trades with China and India to circumvent Western sanctions, simplifying the conversion of payments and potentially impacting global oil markets. The move signifies a shift towards crypto in international trade and could have long-term implications for traditional payment systems.
š https://cryptoslate.com/russian-oil-firms-using-bitcoin-and-ethereum-for-cross-border-payments-with-china/
šļø Source: CryptoSlate
#bitcoin #crypto #news
š Title: Russian oil firms use Bitcoin, Ethereum, USDT for cross-border payments with China and India
šļø Published: Fri, 14 Mar 2025 12:10:10 +0000
š Summary: Russian oil companies have begun using cryptocurrencies like Bitcoin and Ethereum for oil trades with China and India to circumvent Western sanctions, simplifying the conversion of payments and potentially impacting global oil markets. The move signifies a shift towards crypto in international trade and could have long-term implications for traditional payment systems.
š https://cryptoslate.com/russian-oil-firms-using-bitcoin-and-ethereum-for-cross-border-payments-with-china/
šļø Source: CryptoSlate
#bitcoin #crypto #news