According to ME News, on August 31 (UTC+8), Anatoly Popov, Deputy Chairman of the Executive Board of Sberbank, stated that new regulations from the Central Bank of Russia will take effect on September 1, allowing investors to legally purchase crypto assets through licensed brokers. Non-qualified investors will be subject to an annual purchase limit of 300,000 rubles (approximately $3,800) after passing a risk assessment, while qualified investors will have a limit of 3 million rubles (approximately $38,000). The bank forecasts that regulated trading volume could reach at least 4 trillion rubles (approximately $46.4 billion) in the first year, rising to 4.75–5.25 trillion rubles by 2028 and approximately 7.5 trillion rubles (approximately $87.1 billion) by 2029. These projections are based on data from the Ministry of Finance, which indicates that daily Russian crypto trading volume is around 50 billion rubles, or 18 trillion rubles annually. Exchanges must complete registration by July 1, 2027, following the transition period. Popov also noted that most trading activity is likely to remain outside the regulated system. (Source: Foresight News)
Russia's Sberbank Predicts $46.4 Billion in Regulated Crypto Trading in the First Year
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Summary
Sberbank’s Anatoly Popov cited MetaEra, forecasting $46.4 billion in regulated crypto trading under Russia’s new rules beginning September 1. Non-qualified investors may trade up to $3,800 annually, while qualified investors may purchase up to $38,000. The market could reach 4 trillion rubles in Year 1, rising to 7.5 trillion by 2029. Daily trading volumes currently reach 500 billion rubles. Exchanges must register by 2027. Popov noted that most activity may remain outside the regulated system. In contrast to MiCA, Russia’s approach provides an alternative pathway for risk-on assets.
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