While Almost 80% of Russians Know Crypto, Only 6% Understand It Well, Survey Finds

Bitcoin.com | Aug 26, 2022 at 12:00 PM
  • The overwhelming majority of Russians in big cities are well aware of the term cryptocurrency but those with a good understanding of the topic are quite a small proportion, a new poll has indicated.
  • Close to a third (31%) of the polled are ready to buy cryptocurrency in the next six months, almost the same number, 30%, are not planning to do this at all, and 40% are undecided, the Russian business daily Kommersant noted in an article quoting the study.
  • Chief Financial Officer of ICB Fund, Chen Limin, noted that even before this trend began, Russians owned an estimated 5 trillion rubles ($67 billion at the time) in cryptocurrencies.