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Central Bank of Russia: No growth in Russian citizens' interest in cryptocurrency investment.
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On June 2nd, Bits.media reported that the Central Bank of Russia stated that interest among Russian citizens in cryptocurrency investment has not increased. The Central Bank's Financial Stability Review shows that Russians hold approximately 3.8 billion rubles in cryptocurrency-linked financial instruments, roughly the same as six months ago. Private investors hold 1.7 billion rubles in cryptocurrency-linked commercial bonds, bringing the total market size to 4.1 billion rubles including corporate investors, with retail investors accounting for 42%, primarily issued by Sberbank and VTB. Approximately 5,600 private investors hold 1.7 billion rubles in cryptocurrency futures positions, and about 3,800 have invested 354 million rubles in digital financial assets linked to Bitcoin and Ethereum. A year ago, the Central Bank allowed financial institutions to offer cryptocurrency-linked yield instruments, but these were prohibited from involving physical delivery of cryptocurrencies and were limited to professional investors.