Washington's latest move targets anyone facilitating transactions for Russia's major oil producers. The threat? Complete exclusion from American financial networks—and yes, that includes non-U.S. entities. This escalation could reshape how energy markets interact with global finance, potentially pushing more actors toward alternative payment rails outside traditional banking systems.
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DYORMaster
· 12-06 08:30
Well, now we really have to use a different settlement system. The US move is just too ruthless.
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GasFeeNightmare
· 12-06 08:29
Doing this again? With the US escalating financial sanctions, the energy market will have to move on-chain. Now those traditional finance folks will have to learn how to use bridges, but cross-chain gas fees will skyrocket... I can already picture those institutions being forced on-chain frantically checking gas trackers.
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BlockchainWorker
· 12-06 08:24
Well, they're starting financial decoupling again. Now even more people will have to turn to CBDCs and the Lightning Network.
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ReverseFOMOguy
· 12-06 08:15
Now the US really wants to force everyone on-chain—Desolarization in progress.
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BackrowObserver
· 12-06 08:03
Oh my, now I really have to go to Central Asia to find a new bank, haha.
Washington's latest move targets anyone facilitating transactions for Russia's major oil producers. The threat? Complete exclusion from American financial networks—and yes, that includes non-U.S. entities. This escalation could reshape how energy markets interact with global finance, potentially pushing more actors toward alternative payment rails outside traditional banking systems.