The price of bitcoin fell below $17,000 for the first time since November 2020, according to CoinDesk data.
The cryptocurrency exchange rate at 18:43 Moscow time was $16,997.
The day before, on November 8, the cost of bitcoin decreased by more than 15%, to $17.6 thousand.
Earlier it was reported about the intention of the EU to ban Russians from investing in cryptocurrency and using crypto wallets. CoinDesk, citing sources, reported that such measures could be included in a new package of sanctions against Russia due to “referendums” on the entry of the occupied territories of Ukraine into Russia. It was noted that in this case, Russians would be prohibited from keeping money, investing in cryptocurrencies and using crypto wallets.
In April, it became known that the largest cryptocurrency exchange, Binance , was transferring data to the Russian authorities about people who donated money to the structures of politician Alexei Navalny. Gleb Kostarev, head of the crypto-exchange department for Eastern Europe and Russia, said that he “did not have much choice” and the opportunity to refuse “cooperation”. Binance management told Reuters that "the Russian authorities have never contacted him about Navalny." However, an agreement with the authorities forced the representatives of the exchange to respond to “relevant requests from regulatory authorities”, cooperation has been established since April 2021.