Russia, China Turn to Digital Payments as Sanctions Hamper Bilateral Trade Settlements

Date:

July 25, 2024

By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – The increased use of digital assets in cross-border settlements between Russia and China is easing bilateral payment issues, digital platform Qifa told Reuters, as some settlements directly through banks are taking months to clear due to …

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Russia, China Turn to Digital Payments as Sanctions Hamper Bilateral Trade Settlements

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Russia, China Turn to Digital Payments as Sanctions Hamper Bilateral Trade Settlements

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