Imagine a secret code for money! That's kind of what cryptocurrency is. Recently, Russia has been using cryptocurrencies like Bitcoin and Ethereum to sell oil to China and India. This is happening because of rules other countries put on Russia.
- Russia is using crypto to get around rules from other countries.
- They're selling oil to China and India using cryptocurrencies.
- This helps them get money even though some banks won't work with them.
- Other countries are trying to stop this from happening.
| Fact | Number |
|---|---|
| Amount of money in oil trade (approx.) | $192 billion |
| Crypto transactions per month (some traders) | Tens of millions of dollars |
While it's not the main way they do business, cryptocurrency is helping Russia trade oil. It's like a secret code that's harder to stop. Even if the rules change, crypto might still be used.
