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Russian P2P Crypto Market Is ‘Worth $296m a Day’ – Are Banks in Danger?

The Russian P2P (peer-to-peer) crypto market is growing at a rapid pace, with a report claiming vendors can access “$296 million” worth of trades per day. Per RB, the claim was made by Schard, a cryptoasset security plat...

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Russian P2P Crypto Market Is ‘Worth $296m a Day’ – Are Banks in Danger?
The Russian P2P (peer-to-peer) crypto market is growing at a rapid pace, with a report claiming vendors can access “$296 million” worth of trades per day.
Per RB, the claim was made by Schard, a cryptoasset security platform, at a blockchain conference operated by the Russian banking giant Sber.
Crypto is still almost completely unregulated in Russia, after years of political wrangling.
Many other nations operate a licensing system for crypto exchanges....
Read More: Russian P2P Crypto Market Is ‘Worth $296m a Day’ – Are Banks in Danger?

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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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