Head of the Legislative Assembly of St. Petersburg: bitcoin is not a “people’s currency”

Chairman of the Legislative Assembly of St. Petersburg Vyacheslav Makarov said that he had never owned bitcoins and believes that cryptocurrency is not “the people’s currency”, writes “Fontanka” . 

“Digital currency is an asset for those who are well versed in this and who are professionally involved in it. I’ve never had this, and I’m sure I never will, ”he said.

During a meeting on Wednesday, March 17, the deputies adopted as a basis a bill obliging officials and deputies to report on the availability of cryptocurrencies.

Recall that in December last year, Russian President Vladimir Putin signed a decree that obliges officials and applicants for relevant positions to provide information about their digital financial assets (DFA).

The media also reported that the Ministry of Labor has prepared a bill on the compulsory declaration of transactions with CFA and digital currencies for candidates for elective positions.

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