Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes the Need for Bitcoin
Oleg Deripaska, A Russian billionaire, wants the Bank Of Russia, the country’s central bank, to embrace cryptocurrency following El Salvador’s bitcoin law as an example.
Billionaire Oleg Deripaska is the founder of Basic Element, a Russian industrial group focusing in areas such as aluminum, energy, construction, and agriculture. In 2018, the U.S. Department of the Treasury’s Office of Foreign Assets Control imposed sanctions against Deripaska and some of his companies. According to Forbes, his net worth is currently $4.7 billion.
Deripaska commented about bitcoin and criticized the Bank Of Russia cryptocurrency policy in his telegram channel. He said that even a poor country like El Salvador “realized the need for digital currencies and took a simple path – recognized bitcoin as a means of payment.”
