The fervor for cryptocurrency assets in Russia has grown wild over the last few years. This week Xangle Research published a comprehensive report about digital currencies and the Russian environment in 2020. The study’s findings show that Russia is one of the world’s key players when it comes to the crypto economy, but finding reliable information about the subject is “not very easy to find,” researchers stress.

It’s safe to say that Russia is one of the regions in the world where cryptocurrency adoption is booming, but it’s hard to verify the regulatory climate in the area.

A recently published study from Xangle Research explains that the country is a hotbed for crypto in 2020. The research also quotes Binance CEO, Changpeng Zhao (CZ) who has said: “Russia is our key market, one of the most active markets in the global blockchain space.”

Report: Russia Remains a 'Key Market for Crypto,' Commands the 3rd Largest Bitcoin Hashrate in the World
Exchanges that see a lot of internet traffic that stems from Russia.

The Xangle Research report is a comprehensive look at the crypto economy’s relationship with Russia this year, and the author…

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Source: https://news.bitcoin.com/report-russia-remains-a-key-market-for-crypto-commands-the-3rd-largest-bitcoin-hashrate-in-the-world/