
Bank of Russia says era of anonymous crypto is over, 75–80% of investors lost money
- —Chistyukhin says the appeal of uncontrolled crypto is a thing of the past
- —Bank of Russia estimates 75–80% of crypto investors lost money, 20–25% profited
- —The central bank mainly recognizes crypto as a tool for cross-border settlements
- —Sanctions and payment issues since 2022 pushed the regulator away from a total crypto ban
Why it matters: Signals tighter oversight of crypto in Russia and a shift toward transparent, tax-reported settlements over anonymity.
Source: BitNovosti
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