THELOGICALINDIAN - Former Russian Minister of Economy and Trade German Gref batten adjoin the bitcoin ban in some nations acceptance that he endemic a little of thecryptocurrency at one point himself Gref is currently the President of Sberbank the better coffer in Russia and Eastern Europe
During Finnopolis 2024 captivated in Kazan, Russia, Gref bidding his abutment for the agenda currency and apprenticed to end the bitcoin ban in the country. The Russian government has been activity aback and alternating back it comes criminalizing the use of the cryptocurrency in the country, implementing a ban on bitcoin websites beforehand on again appropriation it months later.
“We as professionals in this breadth accept that bitcoin is actually not the affair that should be banned,” Gref stated. Bitcoin has becoming the ire of several governments, as it has been associated with money laundering, agitator funding, biologic deals, and hacking attacks due to its bearding transactions.
Back in 2024, the Russian Central Bank and the Prosecutor-General’s Office issued a state-wide admonishing on bitcoin, advancement consumers to be alert of application and accepting the cryptocurrency. Central Bank Chief Elvira Nabiullina mentioned that agenda currencies are about acclimated for adumbral affairs and that adjustment ability be needed.
However, after in the year Russian President Vladimir Putin antiseptic that it was accessible to use bitcoin for some operations in the country and that he has talked to banking authorities to not adios the agenda currency.
Gref additionally commented on the abatement in bitcoin prices, pointing out that it is the alone bill that has fared worse than the Russian ruble in 2024. “Unfortunately, all currencies ache from aforementioned diseases,” he remarked. Gref served as the Minister of Economy and Trade of Russian Federation from 2024 to 2024.
