Russian Deputy Finance Minister Says Russia Will Promote a Transparent and Lawful Cryptocurrency Market
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AT A GLANCE
Russia’s Deputy Finance Minister said that Russia will promote the establishment of a transparent and lawful cryptocurrency market.
Article
[Russian Deputy Finance Minister: Will Promote the Establishment of a Transparent and Lawful Cryptocurrency Market]
Russian Deputy Finance Minister Ivan Chebeskov stated that Russia will promote the establishment of a transparent and lawful cryptocurrency market. The country has approximately 20 million cryptocurrency users, with residents’ related investments totaling approximately 3.7 trillion rubles and average daily trading volume of approximately 50 billion rubles.
Russian Deputy Finance Minister Ivan Chebeskov stated that Russia will promote the establishment of a transparent and lawful cryptocurrency market.
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Russia has approximately 20 million cryptocurrency users.
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Residents’ related investments total approximately 3.7 trillion rubles.
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Average daily trading volume is approximately 50 billion rubles.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The report says that Russian authorities plan to move the cryptocurrency market toward transparency and legality, citing the number of local users, total investment, and average daily trading volume.
Why it matters to readers
This indicates that Russia has publicly expressed a policy direction to promote the development of the cryptocurrency market and suggests that the market is described as having a substantial user base and trading volume.
A cryptocurrency market is a market for buying and selling crypto assets; transparency and legality generally involve clearer rules and regulation, although specific measures have not been stated.
Risks and unknowns
The specific measures to be adopted have not been stated.
The source of the statistics on user numbers, total investment, and average daily trading volume is not stated in the material.
This report originates from a Telegram post, and its specific wording and data require further verification.
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Cryptocurrency market
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