Russia’s Largest Bank Says Regulated Crypto Exchanges Could See More Than $46 Billion in First Year of Legalization

Techub News, citing Cointelegraph, reported that Russia’s largest bank expects regulated cryptocurrency exchanges to post more than $46 billion in trading volume during the first year after crypto is legalized. The forecast focuses specifically on trading activity at regulated exchanges following legalization. No additional details on the bank’s methodology or timing beyond the first year were provided in the source input. The report also did not name the bank directly in the body text, despite describing it as Russia’s largest bank.