How Russia Uses Crypto to Bypass Sanctions in Oil Trade

In this eye-opening video, we delve into how Russian oil companies are leveraging cryptocurrencies like Bitcoin, Ethereum, and USDT to navigate Western sanctions and facilitate oil exports to China and India. According to exclusive Reuters reports, while the share of crypto payments in Russia's oil trade remains modest, its use is steadily increasing, making financial transactions faster and more efficient. This video explores the innovative settlement schemes employed by Russian traders, the role of intermediary companies, and the growing significance of digital assets in international trade. Join us as we uncover the intricate dynamics of crypto in the oil market. Don't forget to like and share!

#Cryptocurrency #Russia #OilTrade #Sanctions #Bitcoin #Ethereum #USDT

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00:00:00 How Russia Uses Crypto to Bypass Sanctions in Oil Trade