Regulation· ★★★· bearish·

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