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

By CryptoNews - 1 year ago - Reading Time: 1 minutes

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?

Original source: CryptoNews