Russia Just Opened a $46 Billion Crypto Market and You Can Only Buy Three Coins

NewsMon, 31 Aug 2026 06:44:18 UTC2 hours ago

TLDR

  • Russia’s regulated crypto market is forecast to process up to 4 trillion rubles ($46.43 billion) in year one
  • Only around 20% of Russia’s current crypto activity is expected to move to regulated exchanges
  • Non-qualified investors face a 300,000 ruble ($3,800) annual purchase cap per intermediary
  • Only Bitcoin, Ether and USDT are approved for trading on official Russian exchanges
  • Existing crypto exchanges have until July 1, 2027 to register under the new licensing rules

Russia has launched a regulated cryptocurrency trading framework, with Sberbank forecasting the new legal market could process up to $46.43 billion in its first year.

The Bank of Russia’s new rules took effect on September 1, 2026, allowing investors to buy crypto through approved brokers, exchanges and asset managers.

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