Binance Player Withdraws Over €6 Billion After Russian Cryptocurrency Ban Announcement

Binance player withdrew more than 6 billion euros after announcement of Russian cryptocurrency ban

The market of the crypto reacted to the Central Bank statement in unexpected ways.

During trading on the eve of the Binance cryptocurrency exchange, which is the largest in the world, an anonymous crypto investor withdrew an amount of 83 million dollars (more than 6 billion rubles) .

This was reported by RBC, citing the Whale Alert service, which monitors major cryptocurrency movements in real time.

It should be noted that the withdrawal of funds came after the initiative of the Central Bank which caused an echo.

The regulator proposed to introduce liability for the use of cryptocurrencies in financial transactions in Russia and, in general, to completely remove domestic players from crypto circulation.

< p>At the same time, the head of the Central Bank's financial stability department, Elizavetu Danilova, told the media that the regulator did not intend to impose bans on the ownership of the crypt from the Russians.

She explained that the compatriots will be able to work with their crypto-assets in foreign jurisdictions.

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As Topnews wrote earlier, on the eve of the Central Bank of the Russian Federation proposed a complete ban on the figure of business and mining in Russia of cryptocurrencies that currently threaten the ruble with loss of sovereignty.


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