Russians Remain Skeptical About Crypto Ahead of Restrictive Regulations

A new survey conducted in Russia has found that nearly 70% of respondents do not see any use for cryptocurrency, even after it is legalized next month.

The survey, carried out by Rambler&Co media holding among over 2,000 active internet users, revealed that around 69% of participants do not expect any real use cases for cryptocurrency after its legalization on September 1.

About 52% of respondents admitted they are not using digital assets now and don't understand how their legalization will impact their lives.

The survey also found that only 6% have some prior experience with cryptocurrency, while 54% know almost nothing about how it works.