{"id":30572,"date":"2020-10-23T10:51:30","date_gmt":"2020-10-23T07:51:30","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=30572"},"modified":"2025-08-27T22:58:50","modified_gmt":"2025-08-27T19:58:50","slug":"aksakov-sees-no-future-for-bitcoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/aksakov-sees-no-future-for-bitcoin\/","title":{"rendered":"Aksakov sees no future for Bitcoin"},"content":{"rendered":"<p><span style=\\\"font-weight: 400;\\\">Bitcoin and other cryptocurrencies without a single issuer have no future, says Anatoly Aksakov, head of the State Duma committee on the financial market. He said this during an online conference \u201cDigital technologies in business: legal regulation and protection of innovations.\u201d<\/span><!--more--><\/p>\n<p><span style=\\\"font-weight: 400;\\\">In his view, this does not apply to digital currencies such as Libra. Aksakov noted that the latter more closely corresponds to the definition of digital financial assets (DFA) introduced into Russian law.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">He noted that the initial draft of the law \u201cOn Digital Financial Assets\u201d gave far greater \u201cmarket freedom\u201d to cryptocurrency holders.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">The bill was amended due to possible risks posed by cryptocurrencies.<\/span><\/p>\n<blockquote>\n<p><span style=\\\"font-weight: 400;\\\">\u201cI see only one advantage from legalising the cryptocurrency market \u2014 additional revenue to the budget,\u201d the official said.<\/span><\/p>\n<\/blockquote>\n<p><span style=\\\"font-weight: 400;\\\">Earlier, Aksakov <a href=\"https:\/\/u1f987.com\/en\/news\/aksakov-critics-of-cryptocurrencies-see-risks-to-the-financial-system-and-citizens\">stated<\/a> that the digital ruble is \u201cthe mandatory future of monetary circulation.\u201d<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">Earlier, Prime Minister Mikhail Mishustin <a href=\"https:\/\/u1f987.com\/en\/news\/mishustin-says-bitcoin-threatens-the-financial-system\">believes<\/a> that cryptocurrencies and stablecoins threaten the stability of the existing financial system.<\/span><\/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>Bitcoin and other cryptocurrencies without a single issuer have no future, says Anatoly Aksakov, head of the State Duma committee on the financial market.<\/p>\n","protected":false},"author":1,"featured_media":30573,"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":[1647,1138],"class_list":["post-30572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-anatoly-aksakov","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30572","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=30572"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30572\/revisions"}],"predecessor-version":[{"id":30574,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30572\/revisions\/30574"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/30573"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=30572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=30572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=30572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}