Anatoly Aksakov, one of the most prominent Bitcoin critics Russian official, stated that he wanted to buy Bitcoin before the ban, but the price was too high. In addition, he said that he would have purchased BTC for hundred rubles.
State Duma
Anatoly Aksakov is a member of the Russian State Duma. He is also the key spokesman for the country’s cryptocurrency legislation process. However, he claimed that he has never owned any Bitcoin.
TASS
According to TASS, a local News Agency reports on Thursday, he said that he doesn’t hold any Bitcoin. He also said that he would likely won’t purchase as the government has prohibited officials from purchasing Crypto.
High Price
Moreover, this official went on to say that he was willing to buy some Bitcoin as an investment before the ban came into force last year. In addition, he said that the price was too high at that time.
Availability
However, he argued in an interview that Bitcoin should not be available to unqualified investors due to its extreme volatility.
Russia Crypto Tax Regime
Moreover, he spoke about the development of the Russia Crypto tax regime. He also noted that Crypto tax reports are currently made voluntarily as a draft bill. In addition, he said that reporting would be mandatory only if the bill gets passed in the first reading of parliament.
Aksakov
Aksakov is one of the significant financial officials in Russia. Moreover, he serves as chairman of the Russian State Duma Committee on the financial market and a member of the bank of Russia National banking Council.
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