This figure was called by Anatoly Aksakov, the head of the Lower House’s Committee on Financial Markets

​Russians have invested about 5 trillion RUB in cryptocurrencies

20.12.2021 - 12:25

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1 min

What’s new? According to TASS, Russia has made a preliminary estimate of the amount of funds invested in cryptocurrency. According to Anatoly Aksakov, the head of the Lower House’s Committee on Financial Markets, it refers to 5 trillion Russian rubles (RUB).

News source on the TASS website

What other statements have been made? During the parliamentary hearings, Aksakov said that there is a large number of unqualified investors in the cryptocurrency market. To protect this category from possible fraud, the authorities should decide on the regulation of the crypto market as soon as possible.

Aksakov urged to put a stop to this issue, to think about possible bans and restrictions, as well as to prescribe further strict liability for violation of the law.

Author:

Michael Golikov Michael Golikov

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