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China-Russia International Trade Payments Situation Worsens: Crypto and Barter Rise as Alternatives

by SB Crypto Guru News
August 15, 2024
in Bitcoin
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Chinese Banks Are Refusing Payments From Russia: Crypto and Even Barter Rise as OptionsChinese 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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