“We are pretty much at a peak but this market cap to GDP is a misnomer in my view because large parts of the GDP are not listed. So, how do you correlate market cap to GDP? Our agriculture, which is a large part of the GDP, does not trade ; a large part of the SME sector does not trade; a large part of government services which make up the GDP do not trade.”
Russia leans on cryptocurrencies for oil trade, sources say
Russia is utilizing cryptocurrencies like bitcoin, ether, and stablecoins in its oil trade with China and India to bypass Western sanctions. This practice assists in