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Tag: Russian cryptocurrency usage

Crypto Adoption in Russia: How Sanctions and Regulations Shape Digital Currency Use
By Kieran Ashdown 29 Jan 2026

Crypto Adoption in Russia: How Sanctions and Regulations Shape Digital Currency Use

Over 20 million Russians use cryptocurrency despite it being illegal to spend. Sanctions forced a shift from speculation to survival, turning crypto into a lifeline for cross-border payments and value storage.

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