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

The post Russia Processes $650M in Crypto Daily as New Regulations Advance appeared first on Coinpedia Fintech News 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, …