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Russian Capital on Foreign Crypto Exchanges Falls to 720 Billion Rubles

Russian Capital on Foreign Crypto Exchanges Falls to 720 Billion Rubles


Russian Capital on Foreign Crypto Exchanges Falls to 720 Billion Rubles

Russian citizens’ funds on foreign CEX fell 23% to 720 billion rubles by March end.

By the end of March, the funds of Russian citizens on foreign centralized crypto exchanges decreased by 23% compared to the previous two quarters, reaching 720 billion rubles, according to a recent financial stability review by the Bank of Russia.

The regulator estimated that 60% of these assets were in Bitcoin, 8% in Ethereum, and 32% in other coins.

According to the “Transparent Blockchain” service, during the…

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