Russian investors are embracing crypto, with a focus on tokenised securities, commodities, and industrial Bitcoin mining. DFAs have grown to a $13 billion market, and Moscow aims to boost the market further in 2026. The central bank is supportive of new cryptocurrency regulations, with major banks ready to offer crypto trading services.

The Moscow Exchange and Russian banks are promoting crypto derivatives as an alternative to US-based ETFs. MOEX trading volumes hit records, reaching $636 million. Major banks are launching their own crypto derivatives, making them more accessible to a wider range of investors. Bitcoin mining is also set to expand in Russia in 2026, driven by cheap electricity costs and cold climates ideal for mining operations.

Industrial mining in Russia is seeing growth, with predictions of a return to peak mining volumes in 2026. The legalisation of industrial crypto mining in 2024 has attracted institutional and private investors. Mining companies are eyeing listings on the Moscow Exchange, indicating further integration of the crypto sector into traditional financial markets.

Read more at Yahoo Finance: Russia’s little-known $13bn crypto secret set for 2026 takeoff