Russia's Largest Bank Sberbank Predicts First-Year Crypto Trading Volume of $46.4 Billion

On August 31, Anatoly Popov, Deputy Chairman of Sberbank, Russia's largest bank, stated that Russia's new cryptocurrency regulations will officially take effect on September 1, 2026, with regulated crypto trading volume expected to reach 4 trillion rubles (approximately $46.4 billion) in the first year, and projected to grow to about 7.5 trillion rubles (approximately $87.1 billion) by 2029.

[TechFlow]