Sanctions? Russia is now using bitcoin for international trade

seekingalpha

2024-12-26

VSFP/iStock Editorial via Getty Images

Can one be a staunch crypto backer and a supporter of U.S. dollar supremacy? That stance could become a dilemma for President-elect Donald Trump, who has touted both goals for his next administration.

Case in point: As U.S. sanctions complicate Russia's

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Russia is now using bitcoin for international trade","media":"seekingalpha","content":"<html><body><figure> <picture> <img height=\"1024px\" sizes=\"(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1052970074/image_1052970074.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1052970074/image_1052970074.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1052970074/image_1052970074.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1052970074/image_1052970074.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1052970074/image_1052970074.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1052970074/image_1052970074.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1052970074/image_1052970074.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1052970074/image_1052970074.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1052970074/image_1052970074.jpg?io=getty-c-w240 240w\" width=\"1536px\"/> </picture> <figcaption><p>VSFP/iStock Editorial via Getty Images</p></figcaption> </figure><p>Can one be a staunch crypto backer and a supporter of U.S. dollar supremacy? 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Russia is now using bitcoin for international trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-26 16:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4390904-sanctions-russia-is-now-using-bitcoin-for-international-trade><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>VSFP/iStock Editorial via Getty Images Can one be a staunch crypto backer and a supporter of U.S. dollar supremacy? That stance could become a dilemma for President-elect Donald Trump, who has touted ...</p>\n\n<a href=\"https://seekingalpha.com/news/4390904-sanctions-russia-is-now-using-bitcoin-for-international-trade\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://seekingalpha.com/news/4390904-sanctions-russia-is-now-using-bitcoin-for-international-trade","article_id":"2494308518","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1052970074/image_1052970074.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2494308518","pubTimestamp":1735202772,"columns":[],"sourceInfo":{"source_id":"seekingalpha_crypto","name":"Seeking Alpha Cypto"},"weMediaInfo":null,"summary":"VSFP/iStock Editorial via Getty Images Can one be a staunch crypto backer and a supporter of U.S. dollar supremacy? 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