Russian Prime Minister: Russian Citizens Have 130 Billion Dollars of Cryptocurrency

Russian Prime Minister Mikhail Mishustin stated that Russian citizens have a total of more than 10 trillion rubles in cryptocurrencies.

Speaking in Russia’s annual financial report on April 7, Russian Prime Minister Mikhail Mishustin said that Russian citizens can use cryptocurrencies such as bitcoin. from 10 trillion rubles (approximately 130 billion dollars) He said they had too much money.

Prime Minister Mishustin, who did not explain how he got this number, said, “We are talking about a significant amount of money and More than 10 million young people We know that it is registered on cryptocurrency exchanges.” said.

According to the data announced by Mishustin, the total amount of crypto money in Russian citizens and the amount of gold reserves announced in March 2022 are almost equal. Russia’s gold reserves last month It is 140 billion dollars had explained.

According to the estimates of the USA, Russia’s gold reserve is the total gold asset in the country. 20% of forming.

Local Russian newspaper The Bell claimed they had achieved the tax grades the government was considering, and along with over-the-counter (OTC) transactions, they claimed about 10 million Russia citizens own cryptocurrencies and that these investors in total $214 billion stated its existence.

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Also earlier this year, the governor of the Central Bank of Russia, Elvira Nabiullina, stated in a report that the country Prohibition of trading, mining and use of cryptocurrency had said it should.

The Central Bank of Russia Proposes a Complete Ban of Crypto in the Country

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