Chairman of the Russian Financial Market Committee: Russians who hold cryptocurrencies should declare digital assets

According to Newsbitcoin on January 19, Anatoly Aksakov, chairman of the Russian Parliament’s Financial Market Committee, reiterated a warning to cryptocurrency investors in a recent interview, insisting that Russians holding cryptocurrencies should declare their digital assets. In addition, he urged comprehensive regulation of cryptocurrency mining and taxation. Aksakov noted that cryptocurrency prices can quickly move 20-30% in one direction. Therefore, the market must be regulated, protecting citizens first, establishing taxes and certain rights for cryptocurrency owners.