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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...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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, 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

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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