Russia mulls exporting oil, gas for Bitcoin

25/03/2022 Argaam

Bitcoin

Russia is considering accepting Bitcoin as payment for its oil and gas exports, amid the sanctions imposed on the country as a result of invading Ukraine.

 

Pavel Zavalny, Chairman of the State Duma Committee of Energy, said Russia will be more flexible with "friendly" countries such as China, CNBC reported.

 

He added that Russia could be allowed to pay in the crypto-currency or in their local currencies.

 

"We have been proposing to China for a long time to switch to settlements in national currencies for roubles and yuan," said Zavalny.

 

Earlier this week, Russian President Vladimir Putin said he wanted "unfriendly" countries to buy its gas with roubles.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read