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Latest Russia News and Insights | Yellow

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China and Russia using bitcoin to settle energy transactions as part of de-dollarization efforts during trade war, UniqueEye/Shutterstock
China, Russia Turn to Bitcoin for Energy Trades Amid De-Dollarization Push
Apr 10, 2025
China and Russia have begun settling some energy transactions using Bitcoin as part of broader efforts to reduce dependency on the U.S. dollar, according to a senior executive at investment management firm VanEck. The development signals a potential shift in how countries conduct international trade

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