Anton Gorelkin: "The lack of regulation of cryptocurrencies creates mental comfort for the Central Bank"

Cryptocurrencies are not currently a "mainstream topic", the issue of regulation is not raised at the level of the Ministry of Finance or the Ministry of Finance, it is raised by individual deputies, which makes the situation sluggish, the people's deputy is indignant:
"What is happening today: without regulating cryptocurrencies, we simply provide the central bank with mental comfort."

Anton Gorelkin points out the discrepancy between the statistics of the Central Bank and the data of the Ministry of Finance. According to the Central Bank, there are almost no users of cryptocurrencies in Russia. And data from the Ministry of Finance shows that Russians have tens of millions of crypto wallets. That is, many market participants are in a gray zone, outside the law, and this leads to the development of semi-legal schemes, the parliamentarian claims.

A crypto journalist under the nickname Wu Blockchain recently wrote that in December 2023, the share of traffic from Russia on the largest cryptocurrency exchanges reached 19%. Russians were the leaders in the number of visits to the Bybit, MEXC and HTX exchanges. On Bybit in October, the share of visitors from the Russian Federation amounted to 19% of the total, on MEXC — 12%, on HTX — 11%. Bybit has been among the top favorites among Russians for several months after the departure of the largest crypto exchange Binance from the country.

Source: bits.media