Russian Central Bank: "Investment in Crypto-Linked Financial Products Flat for 6 Months... Around 3.8 Billion Rubles"
According to the 'Financial Stability Report' released by the Russian central bank, the volume of local investors' investments in financial products linked to c
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- According to the 'Financial Stability Report' released by the Russian central bank, the volume of local investors' investments in financial products linked to c
According to the 'Financial Stability Report' released by the Russian central bank, the volume of local investors' investments in financial products linked to cryptocurrency prices has stagnated for six months.
As reported by Russian media outlet Bits, citing the central bank's report, the amount invested by local investors in financial products linked to cryptocurrency prices was tallied at approximately 3.8 billion rubles ($52.77 million). This figure has seen virtually no change over a six-month period compared to the 3.7 billion rubles recorded last October.
The report also revealed that the total size of the crypto-linked bond market, including institutions, reached 4.1 billion rubles ($56.94 million). In particular, individual investors were found to account for 42% of this market.