Top Russian Lawmaker Says Bitcoin ‘Has No Future’ – This Is What He Backs for Success Instead
A top Russian MP and the chief architect of the nation’s crypto legislation claims that Bitcoin (BTC) has “no future” – and claims that “ruble-backed coins” will prevail instead. The comments were made by Anatoly Aksakov...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The comments were made by Anatoly Aksakov, the State Duma’s Chairman of the Committee on Financial Markets, and reported by the news agency Interfax....
Read More: Top Russian Lawmaker Says Bitcoin ‘Has No Future’ – This Is What He Backs for Success Instead
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Russia Crypto: Diesel Deal Falters as Zelensky Resumes Refinery Strikes, What Now for Oil Bitcoin?
In Russia crypto news, Donald Trump’s announced plan to release 300,000 tonnes of Russian diesel to the US and global markets face...
OKX Marketing Chief Haider Rafique Steps Back After Seven Years at Crypto Exchange
Key Takeaways: After nearly seven years at OKX, Haider Rafique has decided to step aside due to family and various personal reason...
Trade futures without the wallet-hopping: Unified Wallet is now available in the EEA
TL;DR Unified Wallet is now available to EEA clients on Kraken Pro It combines your spot, margin, and futures balances into one sh...
Orbs – DeFi’s Next Big Users Are Banks and Bots
Why you should listen Ran came to crypto the way many lawyers of his generation did. In 2015 a university friend and future Orbs c...
UK court rules Chinese law governs claims to 61,000 seized Bitcoin
The ruling complicates victim recovery efforts, sets a precedent for international crypto asset claims, and highlights asset appre...
FBI helps smash crypto scam targeting Russian speakers in Brooklyn
The FBI has helped take down a crypto scam network that targeted Russian-speaking individuals living in the US and likely stole te...