Russians Invested $67 Billion in Cryptocurrencies 
<p>A high-ranking member of the State Duma of Russia stated that over $67 billion was invested in cryptocurrencies by Russians, while not mentioning a specific time frame.</p>
<p>While the law “On Digital Financial Assets” entered into force in early 2021, introducing some rules for only a few crypto-related activities, such as coin issuance, the key areas of regulation related to mining and taxation still remain outside the scope of the legislation.</p>
<p>Several media outlets reported that Russian government institutions have two opposing views on how to proceed with regulation –  full ban or legalization of the crypto trade.</p>

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