Russians move $129B in crypto yearly ‘outside our attention’: Official

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Russia's deputy finance minister reports that Russians move around $129 billion in cryptocurrency annually, emphasizing the need for regulation in the crypto market.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Russia’s deputy finance minister says around 50 billion rubles worth of crypto changes hands daily, calling for crypto market regulation.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on February 16, 2026.
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