Sberbank Sees Russian Legal Crypto Trading Hitting $46B in Year One

Sberbank Deputy Chairman of the Executive Board Anatoly Popov estimates that regulated crypto trading volume in Russia will exceed $46 billion during its first year. While this regulated market may increase institutional participation, retail caps could potentially restrict innovation and broader public engagement. Despite these projections for regulated exchanges, Popov notes that the majority of crypto trading volume is expected to continue being routed outside of the official regulated exchange system within the Russian Federation.