Russian Officials Flag $129B in Annual Crypto Flows Operating “Outside Our Attention”

Editorial photo of a government forum: podium speaker, crypto icons on a screen, world map, referencing $129B in crypto flows.

Deputy Finance Minister Ivan Chebeskov told a government forum that Russia’s crypto market moves about $129 billion per year and that daily transactions were approaching 50 billion rubles, a volume he said was operating “outside our attention.” Those figures have intensified pressure from the Finance Ministry and the Central Bank to accelerate formal digital-asset rules […]