Russia Accepts Bitcoin as a Payment Method for Exports

According to reports from Russia, the nation is willing to take Bitcoin and other hard assets in return for oil and other commodity exports.

“Russia is ready to accepting Bitcoin for its natural resource exports,” said Pavel Zavalny, head of the country’s Congressional energy committee, at a news conference on Thursday.

This comes as Russia prepares to demand that “unfriendly” countries pay for natural resources in hard currency like gold or rubles. If governments pick this option, they are prepared to accept Bitcoin from “friendly” countries.

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