Russians spending $648 million on crypto every day, says finance ministry

Russians are conducting crypto deals worth a total of around $648 million per day, the country’s finance ministry says. Cryptocurrency usage in Russia is “only continuing to grow,” Deputy Finance Minister Ivan Chebeskov told media representatives this week, Russian media outlet RBC reported. “We’ve repeatedly said that millions of citizens are involved in crypto trading,” Chebeskov said. “That represents trillions of rubles’ worth of [purchases] and savings. The annual transaction volume in Russia is ove ...