'Really Stupid and a Huge Mistake:' Putin Blasts US Actions Blocking Payments to China; Exporters Turn to Small Banks and Crypto. https://static.news.bitcoin.com/wp-content/uploads/2024/05/c2bdbfa5-48ca-4ad5-a89e-fe2c6749b789.jpg
The US actions to block Russian payments to China and other countries have had significant consequences. Russia has responded by blocking Russians from sending money abroad, stopping interest payments on government debt to foreigners, and requiring Russian firms earning dollars to exchange 80% of them for rubles