Russian Crypto Buyers Face Whopping Premiums Amid Economic Crash
As Russia continues its invasion of neighbor Ukraine, the Russian markets are spiraling out of control, and an increasing share of the country’s population is seeking financial refuge in cryptoassets. This is reflected i...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
As Russia continues its invasion of neighbor Ukraine, the Russian markets are spiraling out of control, and an increasing share of the country’s population is seeking financial refuge in cryptoassets. This is reflected in the sky-high premiums for those who wish to exchange RUB into bitcoin (BTC) via peer-to-peer exchanges, as indicated by the latest market data....
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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