Russia is preparing for exponential growth in the crypto field, with forecasts reaching 10 trillion rubles (approximately 101.36 billion dollars) by 2026. Anatoly Popov, vice president of Sberbank, recently announced in Moscow that the current market volume of crypto assets in Russia has already exceeded half a trillion rubles in 2024, demonstrating significant growth.
Crypto in Russia: unprecedented growth expected by 2026!
Moreover, the clear distinction between digital financial assets and the digital ruble allows for diversification of investment and payment options, thereby strengthening Russia’s position in the global fintech market. The digital ruble, as a CBDC, aims to complement crypto assets by providing a stable and regulated alternative for everyday transactions.
A favorable framework
This forecast highlights an anticipated increase in the activity of digital financial assets in Russia over the coming years. The rapid growth of this crypto market is attributed to several factors, including increased adoption of blockchain technology, favorable regulation, and growing interest from institutional and retail investors.