China and Russia adopt digital payments for trade

China and Russia are ditching traditional banking for digital payments in their trade dealings. Sanctions on Russia have made banking a nightmare, with some transactions taking months to clear.  This hassle has pushed both countries to explore quicker, more efficient digital alternatives. Qifa, a digital platform operating in Beijing and Moscow, has become a key […] source: https://www.cryptopolitan.com/china-and-russia-adopt-digital-payments/