Anatoly Aksakov, chairman of the State Duma Committee on the financial market, said that the cryptocurrency market is unpredictable and called for investment in domestic digital financial assets. The deputy spoke about this in an interview. “Parliamentary newspaper”.
He stated that he was skeptical about bitcoin, but many people now work in this market, including Russia. The MP drew attention to the increase in the price of cryptocurrencies due to the tense situation in the US market. According to him, with the threat of crisis, investors start looking for alternative assets where they can evaluate their savings, and then bitcoin appears as an attractive currency.
Aksakov also said that the price of the dominant cryptocurrency on the market is very volatile: until recently, 1 bitcoin cost about $ 80,000, then its value dropped to $ 10,000 and now exceeds $ 30,000.
Aksakov noted that this year, a significant intensification is expected in the issuance of Russian digital financial assets, supported by “the ruble, wealth, natural resources and the potential of companies.”
“I’m sure this entity can be very interesting, and in principle 2023, not to mention 2024, these are the years when the CFA is actively involved in our country,” said the expert.
Last year, Russian President Vladimir Putin signed it. law, which regulates the turnover of digital financial assets (DFA) in the country. Mikhail Mishustin, Chairman of the Council of Ministers of Russia declarationThere is a need to promote digital assets as a secure alternative that will guarantee uninterrupted payment for imports and exports.