Russia’s Crypto Turnover Hits $650M Daily, New Rules Propose

Russia’s Finance Ministry reports that the country’s cryptocurrency turnover has reached $650 million per day, amounting to $130 billion annually. In response to this significant market activity, lawmakers are advocating for new regulations that would allow licensed exchanges and brokers to offer cryptocurrency services. The Moscow Exchange (MOEX) currently lists Bitcoin and Ethereum futures, with plans to add Solana, XRP, and TRX futures soon.