According to TASS, demand for Russian hardware encrypted wallets has increased significantly. Russian electronics retailer M.Video said that in the second quarter of 2026, hardware wallet sales grew 107% compared with the first quarter, while sales revenue increased 92%; on Wildberries, hardware wallet unit sales rose 84% year-on-year in the first half of the year, with sales revenue up 60%. At present, the average price of the relevant devices is about 7,900 rubles, down 13% year-on-year. Consumers mainly buy products that support NFC and backup cards. Earlier this month, Russian President Vladimir Putin signed legislation related to cryptocurrencies, defining digital currencies as property and setting rules for their circulation.
