Anatoly Aksakov, a member of the Russia’s State Duma and a key spokesman for the country’s cryptocurrency legislation process, claimed that he has never owned any Bitcoin (BTC).
The official went on to say that he was willing to buy some Bitcoin as an investment before the ban came into force last year. However, he thought that the price was too high at the time:
“I wanted to buy only in order to accumulate. But Bitcoin had already surged too much, and I was upset about spending money. If it had cost 100 rubles, I would have bought it.”
In the interview, Aksakov also argued that Bitcoin should not be available to unqualified investors due to its extreme volatility. He also touched upon the development of Russia’s crypto tax regime, noting that crypto tax reports are currently