Russia considers accepting Bitcoin for oil and gas

in #russia3 years ago

Russia is considering accepting Bitcoin as payment for its oil and gas exports, according to a high-ranking lawmaker.

Pavel Zavalny says "friendly" countries could be allowed to pay in the crypto-currency or in their local currencies.

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

https://gamingstudio4u.blogspot.com/

The move is understood to be aimed at boosting the Russian currency, which has lost over 20% in value this year.

Sanctions imposed by the UK, US and the European Union, following the invasion of Ukraine, have put a strain on Russia's rouble and raised its cost of living.

However, Russia is still the world's biggest exporter of natural gas and the second largest supplier of oil.

https://gamingstudio4u.blogspot.com/

Coin Marketplace

STEEM 0.16
TRX 0.25
JST 0.034
BTC 95575.02
ETH 2682.60
SBD 0.68