Saturday, February 4, 2023
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Terms and Conditions
  • Contact us
coindesk, cointelegraph, ftx, coindesk ethereum, coindesk luna, coindesk ceo, cointelegraph news, cointelegraph app,
No Result
View All Result
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading
Crypto Marketcap
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading
No Result
View All Result
coindesk, cointelegraph, ftx, coindesk ethereum, coindesk luna, coindesk ceo, cointelegraph news, cointelegraph app,
No Result
View All Result
Home Blockchain

Russia is Contemplating Accepting Bitcoin as Cost for its Oil and Gasoline Exports by China and Turkey – Blockchain Information, Opinion, TV and Jobs

by cryptostandard
July 5, 2022
in Blockchain
Reading Time: 2 mins read
A A
0
#


On March 23, throughout a gathering with the Authorities of the Russian Federation, Russian President Vladimir Putin introduced the choice to promote fuel, to what Russia deems to be ‘unfriendly’ international locations, for Russian roubles. On the similar time, international locations which can be thought of ‘pleasant’ for Russia, may be allowed to pay in Bitcoin or of their native currencies.

Mr Zavalny, who heads Russia’s State Duma committee on vitality, stated on Thursday that the nation has been exploring alternative routes to obtain cost for vitality exports.

Russia consideres China and Turkey as ‘pleasant’. Western international locations corresponding to UK, US and the European Union are thought of ‘únfriendly’.

Russia has misplaced over 20% of its worth within the final month, because the nation began the struggle within the Ukraine. The transfer to obtain funds for oil in fuel in Bitcoin may very well be geared toward boosting the Russian economic system which is spiraling in the direction of a $210bn default nightmare.

Sanctions imposed by the UK, US and the European Union, following the invasion of Ukraine, have put a pressure on Russia’s rouble and raised its value of residing.

Nevertheless, Russia remains to be the world’s largest exporter of pure fuel and the second largest provider of oil.

Russian media are suggesting that there have already been conferences in Russia discussing EU plans to do away with Russian vitality dependence. In these conferences questions had been raised like what is going to occur if Western international locations will be capable of utterly abandon the import of vitality assets from Russia? And what penalties awaits Russia if that occurs?

In early March, the US administration imposed an embargo on Russian oil imports and banned new funding within the Russian vitality sector, following Russia’s invasion of Ukraine territories.





Source link

Tags: AcceptingBitcoinBitcoin NewsblockchainChinaCrypto NewsCrypto StandardCrypto UpdatesExportsGasJobsLatest Bitcoin NewsNewsOilOpinionPaymentRussiaTurkey
Previous Post

Finalized no. 34 | Ethereum Basis Weblog

Next Post

Bitcoin rallies in a single day regardless of warnings from Powell – Blockchain Information, Opinion, TV and Jobs

Related Posts

The Variety of Crypto-Associated Enforcement Actions in the USA Grows

by cryptostandard
February 4, 2023
0

In response to a examine that was only in the near past launched by Solidus Labs, an organization that specialises...

Billionaire investor Ray Dalio has described fiat forex as being in critical jeopardy

by cryptostandard
February 4, 2023
0

Ray Dalio, a billionaire investor, has mentioned that fiat cash is underneath "jeopardy" as an efficient retailer of wealth, however...

Indonesia’s Ministry of Commerce is reportedly aiming to roll out a nationwide crypto trade

by cryptostandard
February 4, 2023
0

It has been claimed that Indonesia's Ministry of Commerce is planning to launch a nationwide cryptocurrency trade by June of...

Silvergate Financial institution Probed by DOJ for Ties to FTX Alternate

by cryptostandard
February 4, 2023
0

It has been claimed that the fraud part of the US Division of Justice is conducting an investigation towards the...

CryptoZoo, Logan Paul Sued for $5M Over his allegations

by cryptostandard
February 4, 2023
0

Each CryptoZoo and Logan Paul have been listed as defendants in a just lately filed class-action grievance. The declare argues...

Load More
Next Post

Bitcoin rallies in a single day regardless of warnings from Powell – Blockchain Information, Opinion, TV and Jobs

🔴 Exxon Explores Crypto Mining

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT
#
#
  • Trending
  • Comments
  • Latest

After approving a crypto mining website, an environmental group has filed a lawsuit in opposition to New York

January 16, 2023

Over 60% of US dad and mom need faculties to show about cryptocurrency

August 24, 2022

Bitcoin miner Hut 8 registers sequential drop in Bitcoin manufacturing

January 6, 2023

CEX.IO Dealer’s Digest (December 2022)

January 9, 2023

ConsenSys Confirms Job Cuts; CEO Lubin Touts a Win for Decentralization Over ‘Ridiculous’ CeFi

January 18, 2023

BlockFi Administration Hasn’t Withdrawn any Crypto Since October, Legal professionals Inform Courtroom

January 9, 2023

Russia’s Greatest Financial institution Set To Launch Its DeFi Platform By Could

February 4, 2023

Samsung Is Getting ready Its Personal Metaverse {Hardware} in Partnership With Google and Qualcomm – Metaverse Bitcoin Information

February 4, 2023

Shiba Inu Value Soars Extra Than 45%

February 4, 2023

Indonesia To Launch Nationwide Crypto Alternate By June 2023

February 4, 2023

Layoff Spree Continues: Why This Crypto-Oriented Agency Is Dismissing Some Employees Quickly

February 4, 2023

What Instore For BTC, SOL, AVAX, and GMT Costs? Analyst Maps Subsequent Ranges

February 4, 2023
coindesk, cointelegraph, ftx, coindesk ethereum, coindesk luna, coindesk ceo, cointelegraph news, cointelegraph app,

Find the latest Bitcoin, Trending Crypto Updates, Altcoins, Blockchain, NFTs, Crypto Regulations, Interviews, Price Analysis, and more at Crypto Standard

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Crypto Standard.
Crypto Standard is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading

Copyright © 2022 - Crypto Standard.
Crypto Standard is not responsible for the content of external sites.