Sberbank announced that with the country's new cryptocurrency regulations coming into effect on September 1, 2026, the trading volume of regulated cryptocurrency exchanges is expected to reach 4 trillion rubles (approximately $46.4 billion) in the first year, potentially increasing to about 7.5 trillion rubles (approximately $87.1 billion) by 2029. Anatoly Popov, Deputy Chairman of the Board at Sberbank, also stated that Sberbank plans to issue loans collateralized by Bitcoin, Ethereum, and USDT once approved by the central bank. The new regulations allow retail investors to purchase up to 300,000 rubles (approximately $3,700) of liquid cryptocurrencies annually through each intermediary, while qualified investors face no limits. Furthermore, the law prohibits the use of cryptocurrencies for payments for goods and services within Russia but permits cross-border settlements for foreign trade contracts between residents and non-residents.