Russia's daily crypto turnover is over $650 million, Ministry of Finance says

Russia's daily crypto turnover is over $650 million, Ministry of Finance says

Government and central bank officials are pushing for legislation to regulate cryptocurrency activities, aiming for passage during the spring session.

Russia Detects $129 Billion in Crypto Flows and Accelerates New Regulation - The Cryptocurrency Post

The Russian Ministry of Finance has revealed an annual transaction volume of $129 billion in digital assets, a figure that forces prioritizing cryptocurrency regulation in Russia. As Deputy Minister Ivan Chebeskov confirmed to the official agency TASS, citizens currently trade 50 billion rubles daily, consolidating a parallel market of immense proportions that operates entirely outside state supervision. Under this scenario, official estimates s…

Russia Flags $129B in Annual Crypto Activity

The post Russia Flags $129B in Annual Crypto Activity appeared on BitcoinEthereumNews.com. Russian officials estimate $129B in annual crypto turnover outside formal oversight. The central bank supports limited legalization with strict retail caps. Sanctions pressure and EU scrutiny accelerate Russia’s regulatory rethink. Russian officials say citizens move more than $129 billion in crypto each year outside formal oversight, prompting renewed cal…

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

Russia’s crypto market processes $130B annually as officials push new laws to regulate trading and bring exchanges under domestic control.

Russia’s Crypto Powerhouse: Daily Turnover Surpasses $650 Million, Officials Confirm

Russia is quietly building one of the world’s biggest crypto markets. New data shows the country’s daily crypto turnover has hit . This huge number comes from the Ministry of Finance and points to a booming underground economy that leaders now want to control. The Eye-Opening Numbers Behind Russia’s Crypto Boom Russia’s Ministry of Finance recently shared stunning stats. The daily turnover for cryptocurrency trades in the country stands at about…

Russia Reports $650 Million in Daily Crypto Volume as New Regulations Advance More Stories ETHNews

Russia’s Ministry of Finance estimates that the country’s cryptocurrency turnover has reached roughly $650 million per day, or more than $130 billion annually, with most activity taking place in unregulated channels. In response, officials are advancing a broad regulatory package aimed at bringing crypto into the formal financial system, with legislation expected to be finalized by July 1, 2026. A Structured Path Toward Legalization The proposed…