Russia Expects $46.4 Billion in Regulated Crypto Trading Volume in First Year

Anatoly Popov, Deputy Chairman of the Executive Board at Sberbank, stated that regulated cryptocurrency trading in Russia is projected to reach approximately 4 trillion rubles, or $46.43 billion, in its first year following legalization. Currently, the annual crypto trading volume in Russia is estimated at 18 trillion rubles, with 20% expected to shift to regulated exchanges initially. This figure is projected to grow to 7.5 trillion rubles by 2029. Official channels currently limit trading to Bitcoin, Ethereum, and Tether, with non-qualified investors rest