Vladimir Putin Said 'Nobody Can Ban Bitcoin'—Now Russia Reportedly Leverages BTC To Evade Sanctions When Selling Oil To China, India

Russia has started employing cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) to manage a growing segment of its oil transactions with China and India, sidestepping Western sanctions, according to a Reuters report. These deals, handled through middlemen, convert local…