AK-47 Gun Maker Owner: Wants to Switch to Digital Currency for Settlement

According to Beincrypto on June 4, Alan Lushnikov, owner of Kalashnikov, the maker of the AK-47 and former Russian deputy transportation minister, said he wants to switch to digital currencies for settlement. according to Lushnikov, “What we expect the banking system to do is to move to non-bank settlement system. Digital currency has been the topic of conversation. It’s something we really need.” Lushnikov went on to elaborate on the appeal of digital currency because the system is not intertwined with the current SWIFT international banking information network and is not controlled by bankers and traditional financial institutions.