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Central bank acknowledges Russia’s leading role in crypto industry, outlines major risks

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The cryptocurrency market is growing at an exceptional rate. In fact, many countries are vying for the top spot in terms adoption.

As it turns out, a top contender in the $2.8 trillion market, is Russia. The country conducted trades of over $5 billion over the past year, according to the country’s central bank.The Bank of Russia recently published its latest review on financial stability in the Russian market, with a section highlighting the country’s growing role in the crypto industry.

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