{"id":4074,"date":"2021-06-18T16:32:47","date_gmt":"2021-06-18T15:32:47","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=4074"},"modified":"2021-06-18T17:31:11","modified_gmt":"2021-06-18T16:31:11","slug":"oleg-derispaska-blasts-central-bank-of-russia-for-its-stand-on-cryptocurrency","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/oleg-derispaska-blasts-central-bank-of-russia-for-its-stand-on-cryptocurrency\/","title":{"rendered":"Oleg Derispaska blasts Central Bank of Russia for its stand on cryptocurrency"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\">According to oligarch Oleg Deripaska, switching to <a href=\"https:\/\/www.google.com\/search?q=Oleg+Deripaska+blasts+Central+Bank+of+Russia+for+its+stand+on+cryptocurrency&rlz=1C1CHBD_enNG919NG919&sxsrf=ALeKk02bN2diFH0XpcCLSzTeRsLVXWh91g:1624028918164&source=lnms&tbm=isch&sa=X&ved=2ahUKEwjJnpaWu6HxAhXJzoUKHa_CDtIQ_AUoAnoECAEQBA&biw=1366&bih=600#imgrc=6EYq7_CGbGVfSM\" data-type=\"URL\" data-id=\"https:\/\/www.google.com\/search?q=Oleg+Deripaska+blasts+Central+Bank+of+Russia+for+its+stand+on+cryptocurrency&rlz=1C1CHBD_enNG919NG919&sxsrf=ALeKk02bN2diFH0XpcCLSzTeRsLVXWh91g:1624028918164&source=lnms&tbm=isch&sa=X&ved=2ahUKEwjJnpaWu6HxAhXJzoUKHa_CDtIQ_AUoAnoECAEQBA&biw=1366&bih=600#imgrc=6EYq7_CGbGVfSM\" target=\"_blank\" rel=\"noopener\">Bitcoin <\/a>will help Russia provide real financial instruments that allow the independence of foreign trade agreements.&#8221;<\/h5>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"715\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/06\/Oleg-Derispaska-blasts-Central-Bank-of-Russia-for-its-stand-on-cryptocurrency.jpg\" alt=\"Oleg Derispaska blasts Central Bank of Russia for its stand on cryptocurrency\" class=\"wp-image-4076\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/06\/Oleg-Derispaska-blasts-Central-Bank-of-Russia-for-its-stand-on-cryptocurrency.jpg 1000w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/06\/Oleg-Derispaska-blasts-Central-Bank-of-Russia-for-its-stand-on-cryptocurrency-300x215.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/06\/Oleg-Derispaska-blasts-Central-Bank-of-Russia-for-its-stand-on-cryptocurrency-768x549.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p>Oleg Deripaska a Russian industrialist, has been described as the biggest figure to condemn the Bank of Russia\u2019s position on cryptocurrency regulation in the country.<\/p>\n\n\n\n<p>The industrial tycoon pointed out that even a small country like El Salvador recognized Bitcoin as legal tender and turned to Bitcoin: \u201cEven poor El Salvador near Honduras is aware of the need for digital currency and has taken a simple path. , <a href=\"https:\/\/coinscreed.com\/staging\/bitcoins-environmental-damage-the-threats-are-those-who-do-not-understand-bitcoin.html\" data-type=\"post\" data-id=\"4052\">Bitcoin<\/a> as a means of payment&#8221;.<\/p>\n\n\n\n<p>Deripaska continued to condemn the central bank\u2019s evasive reaction to the development of the crypto industry, particularly in the bank\u2019s statement on the digital ruble.<\/p>\n\n\n\n<p>Earlier this Thursday, Derispaska criticized the Central Bank of Russia on his Telegram channel for putting pressure on the cryptocurrency industry to avoid participating in cryptocurrencies such as Bitcoin (BTC).<\/p>\n\n\n\n<p>The industrialist believes the bank should provide a &#8220;veritable fiscal tool that enables autonomy in foreign trade deals.&#8221; Deripaska is among the wealthiest people in Russia.<\/p>\n\n\n\n<p>Derispaska is the founder of Basic Element, one of the largest business groups in Russia, and Volnoe Delo, the largest charitable foundation in Russia.<\/p>\n\n\n\n<p>In April 2018, the billionaire and his company were sanctioned by the United States Department of the Treasury, and some of the allegations from the Office of Foreign Assets Control include money laundering, bribery, and coercion.<\/p>\n\n\n\n<p>In line with reports by Reuter, Derispaska's recent efforts to abolish sanctions by publicly condemning the use of Bitcoin by Russian banks was futile.<\/p>\n\n\n\n<p>Derispaska wasn't the only critic, Fedot Tumusov, a member of the Russian State Duma, who recently believed that the bank was short-sighted about <a href=\"https:\/\/coinscreed.com\/staging\/introduction-to-decentralized-finance-defi-cryptocurrencies-and-smart-contract.html\" data-type=\"post\" data-id=\"3850\">cryptocurrencies <\/a>and also joined in criticizing the use of <a href=\"https:\/\/www.google.com\/search?q=Oleg+Deripaska+blasts+Central+Bank+of+Russia+for+its+stand+on+cryptocurrency&rlz=1C1CHBD_enNG919NG919&sxsrf=ALeKk02bN2diFH0XpcCLSzTeRsLVXWh91g:1624028918164&source=lnms&tbm=isch&sa=X&ved=2ahUKEwjJnpaWu6HxAhXJzoUKHa_CDtIQ_AUoAnoECAEQBA&biw=1366&bih=600#imgrc=6EYq7_CGbGVfSM\" data-type=\"URL\" data-id=\"https:\/\/www.google.com\/search?q=Oleg+Deripaska+blasts+Central+Bank+of+Russia+for+its+stand+on+cryptocurrency&rlz=1C1CHBD_enNG919NG919&sxsrf=ALeKk02bN2diFH0XpcCLSzTeRsLVXWh91g:1624028918164&source=lnms&tbm=isch&sa=X&ved=2ahUKEwjJnpaWu6HxAhXJzoUKHa_CDtIQ_AUoAnoECAEQBA&biw=1366&bih=600#imgrc=6EYq7_CGbGVfSM\" target=\"_blank\" rel=\"noopener\">Bitcoin<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> in Russian banks.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to oligarch Oleg Deripaska, switching to Bitcoin will help Russia provide real financial instruments that allow the independence of foreign trade agreements.&#8221; Oleg Deripaska a Russian industrialist, has been described as the biggest figure to condemn the Bank of Russia\u2019s position on cryptocurrency regulation in the country. The industrial tycoon pointed out that even [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":4076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-4074","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/06\/Oleg-Derispaska-blasts-Central-Bank-of-Russia-for-its-stand-on-cryptocurrency.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/4074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=4074"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/4074\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/4076"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=4074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=4074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=4074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}