Today news
About the same in other media
$67B in cryptos, but does that figure change Russia’s mind about crypto-investments
Reading now: 220
Russia’s cryptocurrency sector is going through a tumultuous time right now, with the Central Bank of Russia (CBR) doubling down on its efforts to crack down on cryptos in an effort to push its Digital Ruble. Despite this, the digital asset industry in the country appears to be booming, according to a State Duma member.
According to a report by TASS, Anatoly Aksakov, Chairman of the State Duma’s Financial Markets Committee, on Monday said that “some 5 trillion rubles ($67 billion) have already been invested by Russian citizens in cryptocurrency.”
It’s worth noting here that a recent analysis by the CBR found that the annual volume of digital currency transactions made by Russians amounts to just around $5 billion. This was based on estimates
Read more on ambcrypto.comAbout this in other media
‘Big 4’ firms ask Indian employees to disclose crypto investments to assess risk ambcrypto.com /2 years ago
Russian Provinces Free to Make Crypto Miners Pay Higher Electricity Rates, Says Gov’t cryptonews.com /2 years ago
Industry experts reveal a possible method for Bank of Russia to block crypto cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
