Anatoly Aksakov urged to keep funds in Russian CFAs, not bitcoin

It is not worth investing in bitcoin due to sharp price fluctuations and the unpredictability of the market, said in an interview “Parliamentskaya Gazeta” head of the State Duma Committee on the financial market Anatoly Aksakov. According to the politician, bitcoin “has no future”, and it is more efficient to store funds in Russian digital assets (DFA), writes RBC Crypto.

“Now bitcoin has gone up again due to instability in the American financial market in terms of a possible crisis. Of course, when such signals come, investors are looking for alternative assets where they can invest their money.<…> You can both earn quickly and lose everything quickly. The cryptocurrency market today is extremely unpredictable,” the deputy noted.

According to him, as early as this year, a “serious intensification” of the issuance of digital assets, secured, among other things, by natural resources and the potential of companies, is expected.

In February, the State Duma adopted in the first reading a bill according to which the operator of a financial platform can also be the operator of a blockchain platform that issues or exchanges digital financial assets (DFA)

On March 9, the Bank of Russia included the Distributed Registry Systems company, known as the Masterchain platform, in the register of information system operators that issue digital financial assets. Prior to this, four companies were listed in the register: Atomize, Sberbank, Lighthouse and Alfa-Bank.

A new form of assets may become a trend in the financial market, according to the Central Bank. In this regard, the regulator proposed to introduce new approaches to the work of banks with digital rights by 2025.

Source: Cryptocurrency

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