Russia

Russia To Accept Bitcoin And Gold For Natural Gas

The present volume and liquidity of the Bitcoin market raises doubts about whether the peer-to-peer currency can be extensively employed in global trade at this time. Nevertheless, Russia has chosen to accept Bitcoin and gold for natural gas.

Read More »

Ukraine Crisis And Rise Of The PetroRuble

Russian President Vladimir Putin declared at a conference with the administration on Wednesday that Russia would only accept ruble payments for gas shipments to “unfriendly countries.” This could indicate the resurgence of the Russian economy and the rise of the PetroRuble.

Read More »