Russian oligarch Deripaska blasts Bank of Russia for ignoring Bitcoin

Russian industrial tycoon Oleg Deripaska is the latest figure to criticize the Bank of Russia’s stance on cryptocurrency regulation in the country. Deripaska took to his official Telegram channel on Thursday to blast the Russian central bank for pressuring the crypto industry to avoid getting involved into cryptocurrencies like Bitcoin.

The Russian oligarch pointed out that even small countries like El Salvador have moved into Bitcoin by recognizing it as legal tender:

“Even poor El Salvador, known for being close to oft-mentioned Honduras, has realized the need for digital currencies and taken a simple path, recognizing Bitcoin as a means of payment.”

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