Advocates of Bitcoin gained support from OAO Sberbank chief Herman Gref, who’s urging the Kremlin to stop Russian lawmakers from curbing the use of virtual currencies in a bill designed to cut funding for terrorists.
“It’s a very interesting global experiment that breaks the paradigm of currency issuance,” Gref said in an interview at the World Economic Forum in Davos, Switzerland. A ban would be a “colossal step backward,” said Gref, who was economy minister during President Vladimir Putin’s first two terms.
