Russia’s regulated crypto trading forecast at $46.43 billion in first year

  • Anatoly Popov forecasts Russia’s regulated crypto trading market will reach at least 4 trillion rubles.
  • 4 trillion rubles is approximately $46.43 billion in the market’s first year.
  • Sberbank projects about 7.5 trillion rubles, or $87.06 billion, by 2029.

Russia’s regulated crypto trading market could reach at least 4 trillion rubles, or about $46.43 billion, in its first year, Sberbank Executive Board Deputy Chairman Anatoly Popov said. Sberbank forecasts the market will grow to around 7.5 trillion rubles, or approximately $87.06 billion, by 2029 as investors shift toward the official trading system.

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