The problem is no longer with the payment, but with the purchase!! Sanctions are imposed on oil, not on payment!!
КриптоKing
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Russia has started using cryptocurrencies to trade oil with India and China, circumventing Western sanctions. According to Reuters, Russian oil companies are using Bitcoin, Ethereum, and stablecoins to convert yuan and rupees into rubles. This allows them to bypass traditional banking networks and use US dollars. In 2024, Russia legalized the use of digital currencies in international trade.
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