Russia considers accepting Bitcoin for oil and gas
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.
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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.