Anasayfa Korku ve Açgözlülük Madencilik Havuzları cüzdan Sözlük duyurmak Facebook Twitter Telegram Reddit Youtube
Kripto Değeri:
24-Saat Hacmi:
Aktif Kripto Para Birimleri: 13105
Pazar: 101189
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Kripto Değeri
24-Saat Hacmi
13105
Aktif Kripto Para Birimleri
60.37%
Bitcoin Pay
crypto.news 2025-03-14 15:42:39

Russia using crypto to bypass sanctions in oil trade with China, India: report

Russia using crypto to bypass sanctions in oil trade with China, India: report

Russia is relying on crypto in its oil trade with China and India to navigate Western sanctions. While traditional currencies like the Chinese yuan and Indian rupee remain dominant, digital assets such as Bitcoin ( BTC ), Ethereum ( ETH ), and the stablecoin Tether ( USDT ) are being used to facilitate conversions into Russian roubles, sources told Reuters . Russia’s $192 billion oil trade has been adapting to financial restrictions since the invasion of Ukraine. Last year, the country passed a law permitting digital currency payments for international trade, but its use in the oil sector had not been previously reported. Crypto payments help streamline transactions and mitigate delays caused by sanctions. This news echoes that of Bolivia’s state-owned energy firm, YPFB, which adopted crypto for fuel imports due to a severe U.S. dollar shortage and declining natural gas production. Although not driven by sanctions, the government approved digital asset payments to sustain fuel subsidies amid falling foreign currency reserves. You might also like: REX launches ETF for Bitcoin corporate treasury bonds Tens of millions of dollar’s worth of transactions The crypto process in the oil trade typically involves a Chinese buyer depositing yuan into an offshore account controlled by a middleman. The funds are then converted into cryptocurrency and transferred through multiple accounts before reaching Russia, where they are exchanged for roubles. One source said some Russian oil traders process tens of millions of dollars in crypto transactions per month. Despite the increased use of digital assets, traditional methods still dominate Russia’s oil transactions, with alternatives including payments in UAE dirhams. However, crypto is expected to remain a useful tool for Russian oil traders, even if U.S. sanctions are eased. The U.S. and EU have taken steps to curb Russia’s crypto-related financial channels. In 2022, the U.S. sanctioned Russian exchange Garantex , and last month, the EU followed suit. Garantex suspended services after Tether blocked its digital wallets. You might also like: Sui secures CODE OF JOKER: EVOLUTIONS launch, expanding blockchain gaming

En Okunan haberler



Cryptohopper
Kripto Değeri
24-Saat Hacmi
60.37%
Bitcoin Pay
686
Bugünün Haberleri
Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez