Yandex, the largest search engine in Russia, has updated its currency converter, adding cryptocurrencies. The widget now shows the rates of these coins in various fiat currencies, with plans to introduce crypto-to-crypto pairs in the future as well.
Yandex integrates the main cryptocurrencies into its currency converter
Users of Russia’s leading search engine, Yandex, can view information on more than 140 of the most popular cryptocurrencies, as well as data on the national currencies of various countries. Crypto rates have been added to the latest version of its currency converter, the company announced.
The widget, which features a price chart and a quick conversion tool, sits just above the search results, Russian news outlet Rb.ru reported, citing Yandex. The software recognizes standard keywords and even slang or imprecise language in the query.
The value of interest coins and tokens can be displayed in Russian rubles, US dollars, euros and other fiat currencies. More pairs will be added in the future, as well as the option to view the price of a given digital asset in another cryptocurrency.
Yandex fonts market data from Coingecko, one of the largest aggregation portals in the crypto space, the report noted. According to the Russian search engine’s own statistics, bitcoin, ethereum, litecoin, dogecoin and solana have been the most popular cryptocurrencies by number of search queries in 2022.
Global online platforms support similar features, but access to some of them has been restricted for Russians. As RBC Crypto noted, Twitter launched a feature allowing cryptocurrency price tracking in December last year, but the social media platform is blocked in Russia.
A law “On Digital Financial Assets” came into force in Russia in January 2021, but the government has yet to properly regulate transactions with decentralized cryptocurrencies like bitcoin. According to statements by officials, this should happen in 2023.
In November 2022, a bill designed to legalize crypto mining was introduced to the Russian parliament. The legislation also aims to regulate the exchange of cryptocurrencies mined on trading platforms abroad or under special legal regimes in Russia.
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