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Bitcoin will be accepted in Russia for Oil and Gas.

Yagael

2022-03-26 (14:54:36)

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A top Russian government official has just announced that Russia is to begin accepting payments in Bitcoin for its oil and gas exports.

Pavel Zavalny, Chairman of the Committee of the State Duma of the Russian Federation on Energy, said that Russia will take Bitcoin while discussing how Russia might accept payment for oil and other resources.

Russia was recently blocked from using the Swift payment system over its invasion of Ukraine. Being locked out of Swift makes it impossible for other nations to pay Russia in US dollars to import energy and other goods or services.

Reply 3

CRYPTOnite_profile-image

2022-03-28 (01:04:27)

Block user
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dang! here it comes, Russia will start using crypto to evade sacntions

Yagael_profile-image

2022-04-01 (15:38:12)

Block user

that's the safest thing they could do

CRYPTOnite_profile-image

2022-04-03 (13:46:01)

Block user

but this is what a lot of regulators fear

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