Former Russian Economics Minister Sees “Huge” Potential for Crypto

Financial system & Regulation

Herman Gref, the previous Russian minister of economics and commerce and the present CEO of Russia’s largest financial institution, Sberbank, not too long ago articulated his expectation that cryptocurrency may have a profoundly transformative impact upon society in coming many years. Regardless of his longer-term outlook, Gref additionally expressed his perception that cryptocurrency and distributed ledger expertise nonetheless wants as much as 5 years to mature.

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Sberbank CEO Believes Nation States Will Search to Restrict Crypto

Whereas talking on the Finopolis discussion board on revolutionary monetary applied sciences, Gref expressed his expectation that nation states will search to limit the affect of cryptocurrencies within the close to time period, stating: “Do I see a terrific future in cryptocurrency? Not but seen, the state is not going to quit…

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