Head of the main state-owned oil company in Russia: does not rule out the possibility of using cryptocurrency to buy oil

According to Cointelegraph citing Russian local media reports, the head of Russia's main state-owned oil company Rosneft recently said that the possibility of using cryptocurrency to buy oil is not ruled out. However, he said that greater flexibility means greater volatility, that digitalization poses risks to protect trade secrets, new regulatory mechanisms and additional reserves, and cryptocurrencies do not address these fundamental issues.