{"id":30453,"date":"2020-10-21T16:07:27","date_gmt":"2020-10-21T13:07:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=30453"},"modified":"2025-08-27T22:22:25","modified_gmt":"2025-08-27T19:22:25","slug":"aksakov-critics-of-cryptocurrencies-see-risks-to-the-financial-system-and-citizens","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/aksakov-critics-of-cryptocurrencies-see-risks-to-the-financial-system-and-citizens\/","title":{"rendered":"Aksakov: Critics of cryptocurrencies see risks to the financial system and citizens"},"content":{"rendered":"<p><span style=\\\"font-weight: 400;\\\">There are no opponents of blockchain in power, but positions on cryptocurrencies vary. This was stated by Anatoly Aksakov, head of the State Duma committee on the financial market, during a speech at Blockchain Life 2020 forum.<\/span><!--more--><\/p>\n<p><span style=\\\"font-weight: 400;\\\">He said that the Russian authorities intend to \u201cstimulate, cultivate and develop\u201d blockchain in every possible way.<\/span><\/p>\n<blockquote>\n<p><span style=\\\"font-weight: 400;\\\">\u201cThis is the technology of the future; everyone understands this,\u201d said Aksakov.<\/span><\/p>\n<\/blockquote>\n<p><span style=\\\"font-weight: 400;\\\">At the same time, attitudes toward cryptocurrencies are not entirely straightforward.<\/span><\/p>\n<blockquote>\n<p><span style=\\\"font-weight: 400;\\\">\u201cThe main position of those who are critical of cryptocurrencies is that they see risks to the financial system and to ordinary citizens,\u201d <a href=\\\"https:\/\/www.rbc.ru\/crypto\/news\/5f9023429a7947318346971a\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">\u0420\u0411\u041a<\/a> quotes Aksakov.<\/span><\/p>\n<\/blockquote>\n<p><span style=\\\"font-weight: 400;\\\">The official noted that in enacting the law \u201cOn Digital Financial Assets\u201d the opinions of the Ministry of Finance, the Ministry of Economic Development and the Central Bank of Russia were taken into account, \u201cwhich has a very conservative position.\u201d<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">According to Aksakov, the Central Bank \u201ctook a step forward\u201d, having begun consultations on a possible issue of its own digital currency. He believes it could begin testing as early as next year.<\/span><\/p>\n<blockquote>\n<p><span style=\\\"font-weight: 400;\\\">\u201cI have always believed that the digital ruble is the indispensable future of our monetary circulation,\u201d said Aksakov.<\/span><\/p>\n<\/blockquote>\n<p><span style=\\\"font-weight: 400;\\\">In October, the Bank of Russia <a href=\"https:\/\/u1f987.com\/en\/news\/bank-of-russia-weighs-possibility-of-creating-a-digital-ruble\">published<\/a> a report devoted to the digital ruble.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">How the Bank of Russia sees the implementation of this initiative is covered in ForkLog\u2019s exclusive.<\/span><\/p>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"7hqPlS7lXI\\\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/accessibility-and-traceability-how-the-bank-of-russia-sees-the-digital-ruble\">Public accessibility and traceability: how the Bank of Russia sees the digital ruble<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"\u201cPublic accessibility and traceability: how the Bank of Russia sees the digital ruble\u201d \u2014 ForkLog\\\" src=\\\"https:\/\/u1f987.com\/exclusive\/obshhedostupnost-i-otslezhivaemost-kakim-bank-rossii-vidit-tsifrovoj-rubl\/embed#?secret=z03SCk5xqz#?secret=7hqPlS7lXI\\\" data-secret=\\\"7hqPlS7lXI\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog Feed<\/a> \u2014 the full news stream, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are no opponents of blockchain in power, but positions on cryptocurrencies vary. This was stated by Anatoly Aksakov, head of the State Duma committee on the financial market, during a speech at Blockchain Life 2020 forum.<\/p>\n","protected":false},"author":1,"featured_media":30454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1647,345,1451,25,27],"class_list":["post-30453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-anatoly-aksakov","tag-bank-of-russia","tag-bitcoin-regulation-in-russia","tag-blockchain","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=30453"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30453\/revisions"}],"predecessor-version":[{"id":30455,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30453\/revisions\/30455"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/30454"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=30453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=30453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=30453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}