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Russian crypto trading to bring $46B to regulated exchanges in first year after legalization: Report

Cryptocurrency trading in Russia is expected to bring 4 trillion rubles ($46.4 billion) in trading volume for regulated domestic exchanges in the first year after legalization, according to estimates from Sber, the country’s largest bank. Domestic crypto trading volumes on regulated exchanges could grow to about 7.5 trillion rubles by 2029, Sber’s Deputy Chairman, Anatoly Popov, told Tass in a Saturday report.

3 days ago

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