Crypto Consulting said that Russians have invested five trillion rubles in bitcoin and ethereum
About this publication
Daily Storm reports Crypto Consulting's estimate that Russians have invested about five trillion rubles in Bitcoin and Ethereum. The article looks at crypto adoption and investment behavior in Russia.
Dmitry Kotov's role
Dmitry Kotov's company Crypto Consulting is the source of the figures cited in the report.
Background
Daily Storm is a Russian news outlet that reports on business and politics for a general audience. Expert commentary there reaches readers who are not crypto-native, which changes what a comment has to do: explain the scale of something rather than assume familiarity with it.
The figure under discussion is an estimate, and estimates of retail cryptocurrency exposure are unusually unreliable — holdings sit across foreign exchanges, self-custody wallets, and peer-to-peer channels, none of which report to anyone. The useful contribution to that kind of story is not a better number but the reason no reliable number exists, and what that opacity means for anyone trying to size the risk to households.
Originally published on dailystorm.ru in Russian.
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