Chinese regional banks, which were once used as bridges to process payments from Russia to China, have begun rejecting these payments for fear of secondary sanctions. To facilitate these transactions, cryptocurrency and even barter schemes have emerged as options to continue trading outside the dollar-dominated financial system. Crypto Considered for Settling Trade Transactions Between China […]
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Michael Saylor Rejects Report of New Strategy Bitcoin Sale Approval
Key TakeawaysSaylor identified the reported $5 billion authorization as old news.The June framework permits bitcoin sales but requires none.Earlier sales...
