PANews February 14 News, according to TASS, Russian Deputy Finance Minister Ivan Chebeskov stated at the Alfa Talk conference that the daily cryptocurrency trading volume within Russia is approximately 50 billion rubles (about $6.5 billion), with millions of citizens participating.
Chebeskov said that the use of cryptocurrencies within Russia continues to grow, involving millions of citizens and reaching trillions of rubles in scale. He indicated that this trend shows a significant increase in Russian people’s interest in digital assets as a savings tool. The Russian Ministry of Finance has previously pointed out that the market size reaches trillions of rubles.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Fed's Powell's comments sooth bond market, but oil continues rise, hitting crypto and stocks
U.S. stocks fell despite soothing comments from Fed Chairman Powell about inflation, while oil prices surged, negatively impacting risk assets. The bond market reacted favorably, with Treasury yields dropping and expectations for future Fed rate hikes dimming.
CoinDesk21m ago
Mitsubishi adopts JPMorgan blockchain for corporate payments
Mitsubishi Corporation plans to use a blockchain-based payment system developed by JPMorgan Chase to move funds across its global operations, signaling continued adoption of blockchain infrastructure within traditional finance.
The system is part of JPMorgan’s blockchain network, known as
Cointelegraph1h ago
Solana Slips Below Key Support as ETF Flows Turn Negative
Key Insights:
Solana fell below a six-week trendline, shifting focus toward 85 dollars support and a potential move to $67.44 if weakness continues
Exchange outflows reached over 39 million dollars in three days, signaling reduced sell pressure while also tightening liquidity during price v
CryptoNewsLand3h ago
CTA funds sold $85 billion worth of U.S. stocks over the past 30 trading days, the largest scale since 2020
As of March 30, algorithm-driven commodity trading advisor funds sold $85 billion worth of U.S. stocks over the past 30 days, the largest scale since the pandemic. They currently hold a $37 billion short position. Goldman Sachs expects CTA to take buy positions over the next month.
GateNews4h ago
TradFi Fall Alert: MU (Micron) Falls Over 6%
Gate News: According to the latest Gate TradFi data, MU (Micron) has dropped by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
GateNews5h ago
Bitcoin, Ethereum and Solana ETFs Record Net Outflows on March 30
Gate News bot message, according to the March 30 update, Bitcoin ETFs recorded a 1-day net outflow of 3,883 BTC (valued at $263.05M) and a 7-day net outflow of 4,676 BTC (valued at $316.78M). Ethereum ETFs showed a 1-day net outflow of 49,902 ETH (valued at $103.3M) and a 7-day net outflow of 169,67
GateNews5h ago
