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Bitcoin

This visit signals deepening economic coordination between two major powers challenging the US-led financial system. For crypto, it may accelerate adoption of alternative settlement mechanisms (e.g., stablecoins, Bitcoin) for cross-border trade, especially if traditional SWIFT access remains restricted for Russia. However, the immediate market is too fearful to react to such macro shifts.

Russian President Vladimir Putin visited Beijing, and Asia Group China Country Director Han Lin commented on the geopolitical and economic significance of the visit and US-China relations.

Putin's Beijing Visit Puts Crypto in Focus as Russia-China Ties Deepen