Russia, cryptocurrencies and US sanctions

Russia bypassing US sanctions with cryptocurrencies in oil trade
Russia is reportedly utilizing cryptocurrency and stablecoins in its oil trade with China and India to skirt sanctions from Western countries. Russia publicly encouraged the use of cryptocurrencies and passed a law allowing digital currencies last year.
Russia leans on cryptocurrencies for oil trade, sources say
Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources with direct knowledge of the matter.
Russia using Bitcoin, USDt for oil trades with China and India: Report
Russian oil companies have been using Bitcoin and Tether USDt to handle international oil trade with China and India, according to a new report.
Russia Uses Crypto to Bypass Sanctions in Oil Trade with China, India: Report
Russia has increasingly turned to cryptocurrencies to facilitate its oil trade with China and India, allowing it to bypass Western sanctions.
US tightens grip on Russian oil trade, sanctions bite
The administration of U.S. President Donald Trump has not extended the sanctions waiver that allowed transactions with Russian banks related to trading Russian energy carriers. The decision to terminate this loophole was made by Joe Biden's administration and it expired on Tuesday.
Russia uses crypto in Chinese and Indian oil trade
Russia is using cryptocurrencies in its oil trade with China and India to dodge Western sanctions, Reuters reports citing unnamed sources. As reported by bne IntelliNews, Russia passed legislation on crypto mining in August 2024,
Russia's Novak: Oil demand to pick up during driving season
Global oil demand will pick up in the next months with the summer driving season, Russia's top oil official said, adding that ...
Oil rebounds 1% to end week steady amid prospect of Russia-Ukraine ceasefire
Brent crude futures rose 64 cents to $70.52 a barrel by 0748 GMT, while U.S. West Texas Intermediate crude was up 71 cents at ...
Russian economic meltdown as light industry 'collapses' and thousands of firms go bust
Russia's light industry "is collapsing", with factories shutting down and brands fleeing abroad, according to an expert. The ...
US mulls how to ease Russia energy sanctions quickly if war ends, sources say
The U.S. government is studying ways it could ease sanctions on Russia's energy sector as part of a broad plan to enable ...
Kyiv Independent on MSN11d
Ufimsky oil refinery 1,400km inside Russia catches fire, local authorities report
No cause was given but Ukrainian forces have repeatedly launched drone strikes aimed at damaging Russia's oil industry ...
Exclusive-Russia Asks Companies for Sanctions Relief Proposals
Easing the enforcement of secondary sanctions, which largely depends on the United States, could improve acceptance of Russia ...
Indian refiners turn to Latam, Africa to replace Russian oil in Feb: Data
The South Asian nation became the biggest buyer of Russian seaborne oil sold at a discount after Western nations imposed ...