#比特币市值排名 Nuclear-level news, Russia supports cryptocurrency trading and launches an exchange

Please note that this exchange is jointly launched by the Central Bank of Russia and is more significant than Coinbase's listing on NASDAQ at that time, as it is pushed by a core institution of a major government. The only major countries playing in cryptocurrency are the United States, and this is an important step in the global promotion of the cryptocurrency sector!

1. There are two more details about this news: first, priority is given to the rich; those with securities over 1.2 million or an income exceeding 600,000 last year can participate. Second, Russian oil companies are already using BTC and ETH for trade with China and India.

2. In March 2024, the fossil fuel imports from Russia to China amounted to 6.8 billion euros, with crude oil accounting for 70%, about 3.8 billion euros, nearly 50 billion annually. In March 2024, the fossil fuel imports from Russia to India were 4.4 billion euros, with crude oil accounting for 80%, about 3.5 billion euros, around 42 billion annually.

Although the cryptocurrency settlement figures are part of the national budget, the current annual oil trade volume is nearly 100 billion. A 1% focus on cryptocurrency would be 1 billion dollars, and a 10% focus would be 10 billion.

3. In the absence of well-developed cryptocurrency legislation in the United States, major world powers are already using Bitcoin for Ethereum transactions, indirectly indicating that these two currencies are recognized by major powers: the United States, China, Russia, and India as valuable currencies.