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Sber CEO Gref Says He Was an Early Bitcoin Investor, Now Calls Crypto Risky

  • —Gref said he was an early bitcoin investor and sold part of his BTC long ago
  • —He called cryptocurrencies a very risky instrument and advised against adding them to a portfolio
  • —Gref described memecoins as the worst kind of casino, without free drinks or a free ride home
  • —He named non-custodial wallets the optimal way to store assets
Why it matters: The comments from Russia's largest bank CEO come as Sber prepares to open its crypto service to all clients from December 1.
Source: Bits.media