{"id":422069,"date":"2022-03-25T19:15:05","date_gmt":"2022-03-25T16:15:05","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/russia-proposes-bitcoin-for-oil-shipments-to-friendly-countries\/"},"modified":"2022-03-25T19:15:05","modified_gmt":"2022-03-25T16:15:05","slug":"russia-proposes-bitcoin-for-oil-shipments-to-friendly-countries","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/russia-proposes-bitcoin-for-oil-shipments-to-friendly-countries\/","title":{"rendered":"#Russia proposes bitcoin for oil shipments to &#8216;friendly&#8217; countries"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3ae909c683e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3ae909c683e\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/russia-proposes-bitcoin-for-oil-shipments-to-friendly-countries\/#%E2%80%9CRussia_proposes_bitcoin_for_oil_shipments_to_%E2%80%98friendly_countries%E2%80%9D\" >&#8220;Russia proposes bitcoin for oil shipments to &#8216;friendly&#8217; countries&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CRussia_proposes_bitcoin_for_oil_shipments_to_%E2%80%98friendly_countries%E2%80%9D\"><\/span>&#8220;Russia proposes bitcoin for oil shipments to &#8216;friendly&#8217; countries&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Russia could allow \u201cfriendly\u201d nations to pay bitcoin in exchange for oil and gas shipments \u2014 a proposal floated days after the Kremlin said countries that have imposed economic sanctions over the invasion of Ukraine would have to pay for their energy in rubles.<\/p>\n<p>Pavel Zavalny, chair of the Russian State Duma\u2019s committee on energy, named China and Turkey as two such \u201cfriendly\u201d countries because they are \u201cnot involved in the sanctions pressure\u201d against Russia. The ruble\u2019s value has collapsed in response to the sanctions, which included the ejection of Russian banks from the SWIFT international payments system.<\/p>\n<p>\u201cWe have been proposing to China for a long time to switch to settlements in national currencies for rubles and yuan,\u201d\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/pressmia.ru\/pressclub\/20220324\/953580633.html\">Zavalny said at a press conference<\/a> on Thursday. \u201cWith Turkey, it will be lira and rubles.\u201d<\/p>\n<p>\u201cYou can also trade bitcoins,\u201d he added.<\/p>\n<p>The European Union relies heavily on Russian oil and gas shipments, further complicating efforts by Western nations to increase economic pressure on the Kremlin over its invasion of Ukraine.<\/p>\n<p>The US has implemented a ban on Russian oil and gas imports \u2014 though America only derived a small amount of its energy needs from those shipments.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/putin-01.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Vladimir Putin\" class=\"wp-image-21658755\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/putin-01.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/putin-01.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/putin-01.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Vladimir Putin had demanded that unfriendly countries pay for energy in rubles.<\/figcaption><figcaption><span class=\"credit\">via REUTERS<\/span><\/figcaption><\/figure>\n<p>Energy prices spiked earlier this week after Russian President Vladimir Putin demanded \u201cunfriendly countries\u201d use rubles to buy his country\u2019s oil and gas.<\/p>\n<p>The move was seen as an effort to bolster the ruble\u2019s price and the broader Russian economy, which derives the majority of its annual revenue from energy sales.<\/p>\n<p>Zavalny echoed Putin\u2019s demand in his remarks.<\/p>\n<p>\u201cIf they want to buy, let them pay either in hard currency, and this is gold for us, or pay as it is convenient for us, this is the national currency,\u201d Zavalny said, referring to European nations.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/bitcoin-01.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Bitcoin\" class=\"wp-image-21658754\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/bitcoin-01.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/bitcoin-01.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/bitcoin-01.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Critics have warned that Russia could use bitcoin and other cryptocurrencies to evade sanctions.<\/figcaption><figcaption><span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<p>Bitcoin rose 4.5% to nearly $45,000 as of midday Friday. The leading cryptocurrency has rallied since the Russia-Ukraine war began in late February.<\/p>\n<p>The State Duma official\u2019s declaration could further rile critics who say Russian entities and individuals can use cryptocurrencies to evade economic sanctions.<\/p>\n<p>Meanwhile, US officials imposed another round of penalties against prominent Russians, sanctioning hundreds of members of the Russian State Duma as well as the parliamentary body itself.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/03\/25\/russia-proposes-bitcoin-for-oil-shipments-to-friendly-countries\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Russia proposes bitcoin for oil shipments to &#8216;friendly&#8217; countries&#8221; Russia could allow \u201cfriendly\u201d nations to pay bitcoin in exchange for oil and gas shipments \u2014 a proposal floated days after the Kremlin said countries that have imposed economic sanctions over the invasion of Ukraine would have to pay for their energy in rubles. Pavel Zavalny,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":422070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/russia-oil-comp-01.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[74862,127154,76127,94183,91513,72970,4975,71523,126128,73234],"class_list":["post-422069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-3-25-22","tag-cryptocurrency","tag-gas","tag-kremlin","tag-oil","tag-russia","tag-sanctions","tag-ukraine-war","tag-vladimir-putin"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/422069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=422069"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/422069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/422070"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=422069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=422069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=422069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}