Russian Billionaire Oleg Deripaska Urges ...

Russian Billionaire Oleg Deripaska Urges Bank of Russia to Move to Bitcoin

Jun 21, 2021

One of the wealthiest Russians – Oleg Deripaska criticizes the Bank of Russia for its crypto stance. He surmised that the country should add Bitcoin as a payment method, giving an example with the Latin country of El Salvador, which already laid the foundations. Furthermore, the oligarch outlined Russia’s need to execute business deals effectively with the rest of the world and urged the central bank to adopt a ”real financial instrument enabling independence in foreign trade settlements. 

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