Today news
About the same in other media
16.11 - 13:49
Russian crypto market worth $500B despite bad regulation, says exec
Reading now: 730
The Russian cryptocurrency market has grown to hundreds of billions of dollars despite the absence of sufficient cryptocurrency regulation, according to a major industry executive.
Sergei Khitrov, founder of the Russian cryptocurrency event Blockchain Life, gave a keynote speech on the state of cryptocurrency regulation in Russia at the VII Blockchain Life Forum in Moscow on Oct. 27.
Based on his own industry insights and knowledge of the market, Khitrov estimated the Russian crypto market to be worth as much as 40 trillion rubles, or more than $550 billion. He also claimed that Russian crypto businesses could generate as much as 284 billion rubles ($4 billion) worth of taxes per year, should the Russian government provide more comfortable
Read more on cointelegraph.comAbout this in other media
Tension builds up on Ukraine's border due to 'significant' Russian military build-up euronews.com /3 years ago
Crypto Market Sentiment Unchanged; Cardano Takes the Throne cryptonews.com /3 years ago
Two Russian paratroopers die in Belarus during joint exercises near Polish border euronews.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
