How many crypto owners in Russia?

It is estimated that over 34 million people, 23.8% of Russia’s total population, currently own cryptocurrency.⁽¹⁾

Is Russia the next crypto owners hub?

Cryptocurrency is listed as Russia’s fifth-most popular investment vehicle with a percentage rating of 17%, ahead of gold (16%) as well as stocks and shares (10%).⁽²⁾

How do Russians view crypto?

Bitcoin marketplace Paxful has shown a huge surge of interest in cryptocurrency peer-to-peer trading in Russia, with 350% growth on a year-over-year basis and an average monthly trading volume of $4M in Russia.⁽³⁾

Crypto adoption across Russia:

• “Russia crypto bill signed into law…”
  Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin.
• “Russian policy maker says cryptoruble is the future…”
  The parliament member claimed that there are no anti-blockchain voices in the Russian government
• “Russia’s new crypto analytics system to track illicit activity…”
  Dubbed “Transparent Blockchain,” Russia’s new crypto analytics system is designed to fight illicit activity related to crypto.
• “Huobi crypto exchange launches trading app in Russia…”
  Russian users account for as much as 10% of Huobi’s total spot trading volume.
• “Waves powers Russia’s first crypto-backed bank loan…”
  Expobank, a commercial bank in Russia, has reportedly issued the country’s first ever loan backed by cryptocurrency.