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Russia will accept bitcoin as payment for its oil and natural gas from friendly countries, its head of the energy committee said Thursday.

LVMH chairman Bernard Arnault, with a fortune of $161.2 billion, overtook the Tesla billionaire.

The billionaire founder could be seen addressing 100 rural teachers across China.

Bitcoin surged more than 5% to trade around $20,550 as of 09:30 a.m. ET, breaking its previous record of $19,857 set in late November.