Draft

Regulatory control has intensified. The Central Bank continues pressure on informal channels: exchangers, forums and aggregators are blocked. The popularity of Telegram bots and mini-applications is growing-as a response to blocking. However, the market participants note: without legal alternatives, this is not “stripping”, but the transition to a more gray zone.

Cryptocurrency stocks of Russians increased by 30%, but the interest in risky assets remained point: the demand for memcoids and tokens with real assets is maintained. Futures on ETF and synthetic products through brokers become a legal way of access to cryptocurrency — but so far only for qualified investors.

an experimental regime for cross -border cryptocurrency calculations has been launched. This is the first attempt to integrate digital assets into foreign economic relations.

Conclusion: the market is moving to a more centralized, institutional model. Against the background of the growth of interest and restrictions, a new balance is formed — between control and demand, between the gray market and the legalized infrastructure.