Head of the State Duma Committee on Financial Market Anatoly Aksakov said that Russia will be able to accept Bitcoin as a reserve asset, but only in the very distant future, that is, in about 100 years.
According to the MP, there are private individuals behind Bitcoin, and this kriptovalyuta is different in that it is unknown how exactly it is issued. The asset rate is extremely volatile, so it is not advisable to create any reserves in it.
Anatoly Aksakov emphasized that cryptocurrencies were legalized in Russia only so that they could be used for foreign trade settlements, since the authorities understand the needs of domestic companies.
According to him, there are proposals from Asian banking structures to issue a card that would be linked to both cryptocurrency and national currency. This topic deserves attention, according to the deputy.
He also noted that the budget expects to receive at least 50-60 billion rubles in tax revenues from cryptocurrency mining next year, since the legislation in this industry has been fully formed.
It should be noted that today Russian President Vladimir Putin signed a law on taxation of digital currency. The document was published and entered into force with the exception of certain provisions.