Daily Trade News

Bank of Russia to assess Bitcoin holdings volumes as $36B leave banks



© Reuters.

The central bank of Russia is trying to evaluate the amount of (BTC) held by local investors amid a massive amount of money not returning to banks following the pandemic-fueled withdrawals.

According to Elizaveta Danilova, head of the central bank’s financial stability department, the Bank of Russia is polling local cryptocurrency investors to estimate cryptocurrency investment volumes in Russia.