Russia's Finance Ministry says crypto investors near 20 million with $44B in assets
- —Russian crypto holdings estimated at 3.7 trillion rubles ($44 billion)
- —Daily crypto trading volume in Russia around 50 billion rubles
- —More than 10 million crypto wallets held by Russians abroad
- —Finance Ministry expects 10 million new users by 2027
Why it matters: Legalization since Sept. 1 brings a major market out of the shadows, but licensing pace and investment caps will shape real inflows.
Source: Digital Today