Russia's crypto user base reaches 20 million with $44 billion in holdings

Crypto Insight Summary: Around 20 million people in Russia use cryptocurrencies and they keep more than $44 billion worth of coins, according to the country’s finance ministry. The federal government in Moscow expects their number to grow by another 10 million in 2027, the first year after transactions with digital assets were legalized. 20 million Russians use crypto... Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Russia's crypto adoption growth is positive but not significant enough to move global markets.