Russia’s cryptocurrency holdings have exceeded 25.4 billion USD by mid-2025, according to GIS Mining CEO Vasily Girya. This growth reflects increased investments from institutional investors in Bitcoin mining operations across the nation.
President Putin stated that Russia ranks fourth globally by GDP and first in Europe, emphasizing that the nation’s economy continues to thrive despite sanctions. His comments were made during the St. Petersburg International Economic Forum (SPIEF 2025).
Putin expressed worries about rising global conflict risks, particularly in relation to Ukraine and the Middle East. Maria Zakharova, spokesperson for the Foreign Ministry, highlighted that Western economic aggression is not only targeting Russia but the European Union as well.
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