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When the Dollar Loses Control of the Oil Tap because of Cryptos

Summary by Cryptoast
The United Arab Emirates integrates cryptocurrency into its oil transactions, thus threatening the domination of the dollar. Does this transition mark the beginning of the end of the petrodollar and the emergence of a multipolar world governed by cryptos? Article When the dollar loses control of the oil tap due to cryptos appeared first on Cryptoast.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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When the Dollar Loses Control of the Oil Tap because of Cryptos

The United Arab Emirates integrates cryptocurrency into its oil transactions, thus threatening the domination of the dollar. Does this transition mark the beginning of the end of the petrodollar and the emergence of a multipolar world governed by cryptos? Article When the dollar loses control of the oil tap due to cryptos appeared first on Cryptoast.

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Cryptoast broke the news in on Friday, May 16, 2025.
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