Russian regulated exchanges could handle $46B in crypto trades after legalization

Regulated cryptocurrency exchanges in Russia could record more than $46 billion in crypto trading volume during their first year after legalization, according to estimates cited by Cointelegraph. The projection comes from the country’s largest bank, which assessed the potential scale of trading activity once regulated platforms are permitted to operate. The estimate concerns aggregate crypto trading volume on regulated exchanges and does not provide a forecast for the performance of individual digital assets. The report also does not specify when legalization could take effect. The potential market size highlights the expected role of regulated venues in Russia’s crypto market if the necessary legal framework is introduced.