#英国首发加密资产应税收益统计
Russia’s largest bank says legal crypto trading in its first year could reach $46 billion— is this just bragging, or is there substance behind it?
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Sberbank has declared that in the first year, the scale of legal crypto trading in Russia could reach $46 billion. Russia’s largest bank, government-controlled, has just said it will accept BTC/ETH/USDT collateral loans—now it’s claiming crypto trading could reach $46 billion. With this combination of moves, how much should the market believe?

First, look at the support: the Russian central bank has just included crypto assets in publicly tradable activities, and Sber itself already has a digital asset lending pilot program. The $46 billion figure isn’t made up out of thin air—it’s an estimate backed by a policy foundation.

But consider the other side: Russia is under sanctions and has strict capital controls—can $46 billion fit within the amount that “legal channels” can actually accommodate? Or is this number itself meant to build momentum for policy—by first setting a target and making the market believe that crypto is a long-term direction for Russia?

The bigger question: when a sanctioned country like Russia strongly embraces crypto, while the West is tightening (Ireland kicks it out, Belgium checks wallets), crypto is turning into a tool of geopolitical games. The need for this kind of “policy hedge” will likely last longer than any retail FOMO—but the risk is that when policy changes, direction changes too.

As for Russia’s $46 billion—do you think it’s just boasting or based on real groundwork? Discuss in the comments below 👇

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