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Sanctioned Russia turns to BTC, ETH & USDT for global oil trade with China, India

Coinedition LogoCoinedition12h ago

Sanctioned Russia turns to BTC, ETH & USDT for global oil trade with China, India - Coinedition

Quick Summary:

Facing mounting economic pressure, Russia has turned to BTC, ETH, & USDT for its oil trade with China and India.

Russia is using crypto to bypass Western sanctions, Reuters has reported.

This allows for faster cross-border transactions outside the reach of Western banking restrictions.  Using these cryptos, Russian firms are converting Chinese yuan and Indian […]

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Sanctioned Russia turns to BTC, ETH & USDT for global oil trade with China, India - Coinedition (Picture 1)

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Article Details

Author / Journalist: Lipika Deka

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-14 @ 12:25:00 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 146 words

Reading Time: 1 minutes read

Sentences: 53 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 26991661

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 12 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "Sanctioned Russia turns to BTC, ETH & USDT for global oil trade with China, India" has 146 words across 53 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "Sanctioned Russia turns to BTC, ETH & USDT for global oil trade with China, India" was covered 12 hours ago by Coinedition, a news publisher based in India.

How trustworthy is 'Coinedition' news outlet?

Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 12 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #26991661
  • URL: https://chronographically.beamstart.com/news/sanctioned-russia-turns-to-btc-17419574097462

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