Russia is using Bitcoin and other cryptocurrencies to sell oil to China and India! This is because Western countries have put sanctions on Russia, making it hard for them to use regular money. It's a clever way to get around those rules. Imagine trading baseball cards instead of using cash!
- Russia is trading oil for Bitcoin and other cryptocurrencies.
- This helps Russia avoid penalties from other countries.
- China and India are buying the oil.
- It's a small part of Russia's total oil sales, but it's growing.
Fact | Number |
---|---|
Monthly trade volume in crypto | Tens of millions of dollars |
Russia's total oil trade | $192 billion |