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Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency Restrictions

Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency RestrictionsInterest in hardware wallets allowing cold storage of cryptocurrencies is decreasing among Russian users after this year’s surge that followed the invasion of Ukraine. The sale volumes for these devices have almost halved, according to a report quoting leading marketplaces. Russians’ Demand for Cold Storage Wallets Cools Down After Spike This Spring Retailers selling hardware […]

Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?

While Almost 80% of Russians Know Crypto, Only 6% Understand It Well, Survey Finds

While Almost 80% of Russians Know Crypto, Only 6% Understand It Well, Survey FindsThe overwhelming majority of Russians in big cities are well aware of the term cryptocurrency but those with a good understanding of the topic are quite a small proportion, a new poll has indicated. Experts say that currency restrictions imposed earlier this year are helping growth in interest and adoption. A Third of Russians Ready […]

Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?

Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in Russia

Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in RussiaHardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of currency restrictions introduced amid foreign sanctions. Ledger and Tangem have been the most popular products on the market, a media report revealed. Russians Buy More Hardware Crypto Wallets, Market Players Say Russian crypto users have […]

Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?