Crypto News: Russia Warns Crypto Investors Over Stablecoin Freeze Risk

The post Crypto News: Russia Warns Crypto Investors Over Stablecoin Freeze Risk appeared first on Coinpedia Fintech News

Russia’s Ministry of Finance has warned domestic crypto investors that the government will not compensate them if foreign stablecoin issuers such as USDT or USDC freeze their assets. The warning comes as nearly 20 million Russians reportedly hold digital assets worth around 3.7 trillion rubles, or about $44 billion, according to Deputy Finance Minister Ivan …