Russia expects $46B crypto trading

• Russia’s Sber estimates regulated exchanges could handle US$46.4 billion in crypto volume in year one.
• New crypto-market rules take effect on September 1, 2026.
• Sber expects regulated domestic crypto volume to reach about US$87 billion by 2029.

Sber estimates Russia’s regulated crypto exchanges could handle US$46.4 billion in trading volume during their first year.

The forecast covers 4 trillion Russian rubles and comes as new crypto rules take effect on September 1.

Sber Deputy Chairman Anatoly Popov said the forecast remains cautious because some trading will stay outside regulated exchanges.

Sber expects regulated domestic crypto trading to reach about 7.5 trillion rubles by 2029.

Russia’s central bank has proposed Bitcoin (CRYPTO:BTC), Ether (CRYPTO:ETH) and Tether (CRYPTO:USDT) for exchange trading.

Under the new rules, non-qualified investors can buy up to 300,000 Russian rubles in crypto through each intermediary each year.

Qualified investors face no purchase limits for approved crypto assets traded on exchanges or over-the-counter markets.

At the time of reporting, Bitcoin price was $78,624.72.