Russian officials: The daily volume of encrypted transactions in Russia is approximately 650 million USD

According to a report by TASS, Ivan Chebeskov, the Deputy Minister of Finance of Russia, stated at the Alfa Talk conference that the daily cryptocurrency trading volume in Russia is approximately 50 billion rubles (about 650 million USD), with millions of citizens participating.

Chebeskov mentioned that the use of cryptocurrency in Russia continues to grow, involving millions of citizens and trillions of rubles. He stated that this trend indicates a significant increase in the interest of the Russian public in digital assets as a savings tool. The Russian Ministry of Finance has previously pointed out that the market size reaches trillions of rubles.