Russia Acknowledges Crypto’s Popularity With Its Citizens as Central Bank Weighs Bank Involvement

Russia is recognizing the growing popularity of cryptocurrencies among its citizens, as the country's central bank contemplates the potential role it could play in regulating and integrating digital currencies within the traditional banking system. This acknowledgment reflects a broader shift in the government's stance towards embracing the evolving landscape of digital finance, while also assessing the implications for financial stability and consumer protection. As more Russians engage with cryptocurrencies for trading, investment, and transactions, the central bank is carefully weighing the benefits and risks of involving banks in this burgeoning market. source: https://www.coindesk.com/policy/2025/10/10/russia-acknowledges-crypto-s-popularity-with-its-citizens-as-central-bank-weighs-bank-involvement