Russia is Considering Accepting Bitcoin as Payment for its Oil and Gas Exports by China and Turkey

Mr Zavalny, who heads Russia 's State Duma committee on energy , said on Thursday that the country has been exploring alternative ways to receive payment for energy exports . Russia consideres China and Turkey as ' friendly '. Western countries such as UK, US and the European Union are considered ' àºnfriendly '. Russia has lost over 20% of its value in the last month, since the country started the war in the Ukraine. The move to receive payments for oil in gas in Bitcoin could be aimed at boosting the Russian economy which is spiraling towards a $…