Anatoly Aksakov: I don’t see the future …

Anatoly Aksakov: I see no future for bitcoin

Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market, sees no future for bitcoin. He made such a statement during the conference “Digital technologies in business: legal regulation” of the newspaper “Kommersant”.

One of the viewers asked the question: “Will it not turn out that we will not be able to take advantage of cryptocurrencies as means of payment, because in a number of foreign countries they are already effectively used?”

Aksakov’s answer was unequivocal: “I am very critical of such statements that they are being effectively used.”.

The MP is sure that the legalization of cryptocurrencies has only one advantage – additional revenues to the budget. He noted that many participants in the cryptocurrency business expressed their willingness to work in the right field and pay taxes..

“I do not see a future for bitcoin and all currencies where there is no obligated person,” added Aksakov..

Anatoly Aksakov: I don't see the future ...

In a different way, according to him, the situation is with the Libra stablecoin, where there are obligated persons who guarantee payments. “It is possible that such a currency will take its place,” he said.

Aksakov believes that such instruments are more suitable for the definition of digital financial assets. He noted that the law does not prohibit the exchange of digital financial assets issued in Russia for digital financial assets issued outside the country, but for this they must meet the established criteria..

Earlier, Aksakov said that activities related to cryptocurrencies in Russia should be “blocked”.

Anatoly Aksakov: I don't see the future ...

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