
Russia's Finance Ministry Projects 10M New Crypto Users in 2027
- —Finance Ministry expects 10 million new Russian crypto users in 2027
- —About 20 million Russians already hold crypto worth 3.7 trillion rubles ($44 billion)
- —Users are split between Russian and foreign platforms
- —The Bank of Russia aims to launch the legal crypto system before late 2026
Why it matters: Formalizing the market could shift volumes back to domestic platforms and expand the investor base, though the rules and timeline remain unconfirmed.
Source: Coin Edition
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