According to Bits media, the Russian Central Bank said in its latest report that Russian residents currently hold about 3.8 billion rubles (about 52.62 million US dollars) in crypto-linked financial instruments. This figure is almost unchanged from 3.7 billion rubles in October last year, showing that residents’ interest in crypto investments has not increased. The report also shows that retail investors have put 1.7 billion rubles into crypto-linked corporate bonds. Including corporate investors, the bond market tied to cryptocurrency exchange rates totals 4.1 billion rubles, of which retail investors account for 42%. These bonds are mainly issued by large banks.

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DAOBackbencher
· 5h ago
No change ≈ No new players entering, old players lying flat
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GateUser-8947c5ff
· 8h ago
Linked bonds are not the same as holding spot assets; risk exposure and ownership are two different things.
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DeepSeaColdStart
· 9h ago
Is the central bank reporting this data itself, paving the way for regulation?
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TreatMemesAsBeliefs
· 9h ago
Big banks issuing tokens linked to bonds, this move is very Russian-style.
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ToBeHonest,You'llLose
· 9h ago
Since October last year, the crypto world has been so bearish.
If it hasn't fallen, that's considered a win.
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RetroRadioEcho
· 9h ago
3.8 billion rubles divided by the population equals only a few yuan per person; the penetration rate is impressive.
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AMirroredSphereReflectingThe
· 9h ago
The corporate bonds are only 400 million, indicating that the company's finances are still conservative.
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BeGentleWithLeverage
· 9h ago
This data feels like a big chunk is missing; OTC and self-custody are not included.
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YieldSpring
· 9h ago
There is no growth because the channel is stuck, and I can't buy it.
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NightFlightPancake
· 9h ago
Retail investors account for 42%, which is healthy; it's better than all institutions squeezing retail investors.
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