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Russia crypto trading could reach $46B in year one

Russia crypto trading could reach $46B in year one

Russia’s regulated crypto trading market could process between 3.5 trillion and 4 trillion rubles during its first year, according to an Aug. 29 forecast from SberCIB Investment Research.

Summary

  • SberCIB estimates regulated Russian crypto trading could reach four trillion rubles during its first year.
  • The forecast represents roughly 20% of Russia’s estimated annual cryptocurrency transaction volume today, Popov said.
  • Non-qualified investors face annual purchase limits of 300,000 rubles through each intermediary after testing requirements.
  • Existing crypto exchange providers have until July 2027 to register under Russia’s new licensing framework.
  • Bitcoin, Ether and…

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