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Russian crypto volume across major exchanges plunges by 50% -Breaking

by Mike Robinson

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According to data from Blockchain-analysis firms, Russian cryptocurrency purchases and trades on major exchanges has faltered. This discredits the notion that Russia would shift to digital assets to bypass sanctions.

Where? Industry rallied more than 15% last week ExpertsAccording to some, the Russians bought cryptocurrency in response to increasing economic sanctions. However, this theory appears to have been proven false as Chainalysis data showed that the volume of crypto-trading in ruble was only $34.1 million on 3 March, which is half of the $70.7 million peak seen a week earlier on February 24.

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