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tzongocu
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πŸ“° News Alert...

πŸ”– Title: Russians Move $129B in Crypto Yearly β€˜Outside Our Attention’: Official
πŸ—“οΈ Published: 2026-02-16
πŸ“„ Summary: Russia’s Deputy Finance Minister has revealed that approximately 50 billion rubles worth of cryptocurrency is traded daily, amounting to an estimated $129 billion annually. This substantial volume circulating beyond regulatory oversight has prompted calls for tighter crypto market regulations to ensure better control and transparency. The move reflects the government's growing concern over the rapid expansion of digital assets and the need to integrate them into the formal financial system.
πŸ”— https://cointelegraph.com/news/russian-finance-ministry-reveals-648m-daily-crypto-volume-amid-regulatory-push?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

πŸ—žοΈ Source: Cointelegraph by Brian Quarmby
πŸ’“ #Cryptocurrency #Regulation #RussianFinance
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Raison d'Γ‰tat · 3d
Translation: they're less concerned about NATO / SWIFT sanctions, and more concerned that the Russian people have discovered workarounds that come with bonus economic freedom and privacy. Grrr... Government being government these days, East and West