Russia Processes $650M in Crypto Daily as New Regulations Advance

Russia’s Ministry of Finance estimates that the country’s cryptocurrency market processes around 50 billion rubles per day, roughly $650 million. Every year, that exceeds 10 trillion rubles, or about $130. 5 billion. Deputy Finance Minister Ivan Chebeskov shared this data during the Alfa Talk conference. He said most of this crypto trading happens outside government regulation, … source: https://coinpedia.org/news/russia-processes-650m-in-crypto-daily-as-new-regulations-advance/