cryptocurrencies Russia, which has gone through a controversial period regarding the issue of cryptocurrencies, has finally started working on not banning cryptocurrencies, but subjecting them to some restrictions.
Russians Own 12% of Global Crypto!
According to Bloomberg’s report, Russian citizens are valued at 16.5 trillion rubles ($214 billion) in a study by Kremlin and government officials. to cryptocurrency stated that they have
This revealed that Russians own about 12% of the total global crypto assets.
It will act on the results of these researches of the Central Bank of Russia and government officials, which have started to work on crypto money regulations.
It was stated that the identification of cryptocurrencies owned by Russian citizens is important in terms of gaining an overview of the crypto market and shedding light on the regulations.
Estimates are thought to be limited because there is no clear regulation on crypto assets in the country and citizens prefer to use more anonymous tools in crypto money transactions.
In the report published by local news agency Tass last December, it was stated that Russian citizens had 5 trillion rubles worth of cryptocurrencies as of December 2021.
Russia’s Cryptocurrency Dilemma!
The Russian Central Bank proposes to ban cryptocurrency trading, including cryptocurrency mining, while the government wants cryptocurrencies to be regulated within certain limits.
In this context, the Russian authorities and the Central Bank reached an agreement on cryptocurrencies.
Russia’s roadmap for cryptocurrencies was signed by Deputy Prime Minister Dmitry Chernyshenko.