❗️Russian-language exchangers without KYC are growing, but losing turnover
In 2024, the number of crypto exchangers without verification (KYC) reached a 4-year high, but their turnover has been falling since 2022.
🔎What's going on?
⚡The West is tightening control - 47 Russian-language exchangers were blocked as part of Operation Final Exchange
⚡Russia is developing mechanisms for international settlements in crypto
⚡ $15.8 billion - the total volume of transactions with sanctioned entities
In Iran, on the contrary, capital outflow through crypto has increased by 70% - local investors are fleeing inflation.