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NY Post | Russia proposes bitcoin payment for oil shipments to 'friendly' countries, 28 Mar
Pavel Zavalny, chair of the Russian State Duma's committee on energy, named China and Turkey as two such "friendly" countries because they are "not involved in the sanctions pressure" against Russia. The ruble's value has collapsed in response to the sanctions, which included the ejection of Russian banks from the SWIFT international payments system.

"We have been proposing to China for a long time to switch to settlements in national currencies for rubles and yuan," Zavalny said at a press conference on Thursday. "With Turkey, it will be lira and rubles."

"You can also trade bitcoins," he added.

parity watch BTC:USD, 1:47K
archived The Government approves the list of unfriendly countries and territories, 7 Mar
by Cat on Mon Mar 28th, 2022 at 04:06:54 PM EST

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