Moscow Will Consider Bitcoin, Gold, and Ruble Payments for Natural Gas

Moscow Will Consider Bitcoin, Gold, and Ruble Payments for Natural Gas
Representations of virtual currency Bitcoin are seen in this picture illustration taken March 13, 2020. Dado Ruvic/Reuters Illustration
Naveen Athrappully
Updated:

Russia is open to being paid for its energy products in gold, local currencies, and even Bitcoin, Pavel Zavalny, head of the energy committee in the lower house of the Russian Legislature, said during a March 24 press conference.

The minister pointed to China and Turkey as “friendly” nations that have not yet applied sanctions on Russia for Moscow’s invasion of Ukraine, the BBC reported. As such, these two nations can be allowed to buy Russian energy supplies in their local currencies.
Naveen Athrappully
Naveen Athrappully
Author
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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