Chairman of the Russian Financial Markets Committee: Libra will not be allowed to legalize in Russia

Anatoly Aksakov, chairman of the Russian State Duma Financial Markets Committee, said that Libra, the cryptocurrency that Facebook will launch, will not be legalized in Russia, and that it may pose a threat to the country's financial system. Aksakov stressed that Russia has no plans to pass legislation to "provide space for active use of cryptocurrency instruments under an open platform and blockchain framework." But Aksakov’s statement seems to contradict the statement of Deputy Finance Minister Alexei Moiseev, who said the country’s main cryptocurrency bill “Digital Financial Assets Act” may be passed in the next two weeks.