Russia Open To Sell Gas for Bitcoin

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Russia is open to accepting bitcoin for its natural deposits exports, the chairman of the nation’s Congressional energy committee, Pavel Zavalny, stated in an interview on Thursday.

Zavalny described that Russia is open to accepting various currencies for its exports, starting with gas, depending upon the purchaser’s favored approach of payment. However, the chairman stated terms will depend upon the importing nation’s foreign relations status with Russia.

“When it comes to our ‘friendly’ countries, like China or Turkey, which don’t pressure us, then we have been offering them for a while to switch payments to national currencies, like rubles and yuan,” Zavalny stated throughout the interview “With Turkey, it can be lira and rubles. So there can be a variety of currencies, and that’s a standard practice. If they want bitcoin, we will trade in bitcoin.”

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