Russian policymakers have been hit with a verbal lashing from both the crypto sector and the sphere of traditional business – with an oligarch and a blockchain industry leader urging Moscow to soften its crypto stance.
In a post on his Telegram channel, the oligarch Oleg Deripaska told the staunchly anti-crypto Central Bank to “engage” with the crypto sector and “take crypto seriously.” Deripaska is best-known as the founder of Basic Element, one of the nation’s biggest industrial groups, as well as the head of the aluminum giant RUSAL.
The oligarch warned that America was pulling away in the crypto race, and that Russia risked being left behind if it continued to fail to comprehend the severity of the situation.
He was quoted as explaining:
“I
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