RUSSIA's VTB Bank's CEO: "Very, Very Dangerous to Invest in Cryptocurrencies"
Several Russian analysts have made comments regarding bitcoin and cryptocurrencies in recent weeks. German Gref, the head of Sberbank, has stated that cryptocurrencies are becoming a part of daily life in Russia, whereas as the head of VTB International, Riccardo Orcel, has stated that Russian interest in bitcoin has been overblown by the media. In other news, Etoro analyst, Mikhail Maschenko, discussed the growing perception of bitcoin as a hedge against the traditional financial markets among professional investors.
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