Russian companies are increasingly using bitcoin and other digital currencies for international payments in response to Western sanctions, Reuters reported on Dec. 25. Once key facilitators of Russia’s trade, Chinese banks have significantly curtailed transactions over fears of losing access to U.S. financial markets. By mid-2024, roughly 80% of Russian payments in Chinese yuan were […]

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Video Summary As Russia’s invasion of Ukraine reaches day nine, the potential impact on the crypto markets is being considered. The war is not going as planned for Russia, with their military objectives crucially failing, including gaining control of key cities and the government in Kiev. Instead, Russia is resorting to bombing civilian centers, committing […]