Russia’s Crypto Reserves Skyrocket Past $25.4B – Defying Sanctions and Traditional Finance

Russia's digital asset holdings just crossed a staggering $25.4 billion milestone—proving even geopolitical pariahs can't ignore crypto's gravitational pull.

How? By treating Western sanctions like a 'suggested reading list' and diving headfirst into decentralized finance. While traditional banks scramble with SWIFT workarounds, Moscow's playing the long game with blockchain.

Funny how the 'barbarous relic' crowd stays silent when gold 2.0 starts funding entire economies. Maybe they're too busy shorting Bitcoin at the wrong time—again.

Putin and Zakharova warn of Western conflict and economic targeting

Meanwhile, during one of the forum’s headline sessions, President Vladimir Putin said that Russia’s economy is still rising, no matter the sanctions. He said the country now ranks fourth in the world by GDP, and it’s number one in Europe. “Russia is already ranking fourth in the world in terms of gross domestic product. And it is Europe’s first. These are very significant indices,” Vladimir told the SPIEF crowd.

The discussion turned global when Putin was asked about the rising conflict risks in the world. The moderator brought up the recent 80th anniversary of World War II, asking if another global war seemed likely.

“It worries me,” Putin said. “I am speaking without any sarcasm, without joking, of course, there is a lot of conflict potential, it is growing.” He pointed directly to Ukraine and the Middle East, saying the problems are happening “right under our noses.”

Elsewhere at the forum, Maria Zakharova, the Foreign Ministry’s spokeswoman, said the real aim of Western economic aggression wasn’t just Russia, it was the European Union. “I am sure that one of the goals of this hybrid warfare is not only Russia, but also the countries of the European Union,” Maria said. “The EU has grown too strong, and the euro is too secure. The euro is secure; the dollar is not. It was necessary to influence it somehow.”

“Many EU countries are on the verge of recession. You can see their economic growth rates, which are the most important indicator for them. They don’t even hide them,” she added. She also pointed to Asia’s economic rise, saying Western nations are falling behind and won’t catch up.

Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More