Russian customers’ demand for {hardware} crypto wallets greater than doubled within the first half of 2026, based on information from two main retailers, because the nation prepares to introduce new crypto guidelines.
Retailer M.Video stated unit gross sales on its market rose 107% within the second quarter from the primary quarter, whereas gross sales by worth elevated 92%. The retailer didn’t disclose the variety of units bought.
Wildberries, one other Russian retailer, additionally recorded greater demand. Unit gross sales rose 84% within the first half from a yr earlier, RIA Novosti reported, citing RWB, {the marketplace}’s mother or father firm. Gross sales worth elevated 60% over the interval.
The comparisons cowl completely different durations: M.Video measured Q2 in opposition to Q1, whereas Wildberries in contrast H1 with the identical interval of 2025. Neither firm launched unit totals.
{Hardware} wallets maintain the non-public keys wanted to manage crypto on a devoted machine, as a substitute of an internet-connected service, serving to scale back publicity danger.
Russian regulation doesn’t ban non-custodial wallets or deal with them as unlawful, legal professionals informed RBC. It does, nevertheless, bar withdrawals from Russian digital depositories to private wallets, although a transition interval runs till July 1, 2027.