Hardware wallet sales in Russia have more than doubled as new cryptocurrency rules near, according to reporting from CoinDesk.
At Wildberries, the average price for hardware wallets fell 13% to 7,900 rubles. Meanwhile, M.Video expanded its range of hardware wallet products. Neither retailer has identified the driving force behind the increase in demand.
This development comes as Russia is set to implement new cryptocurrency regulations, which may be contributing to the surge in hardware wallet sales.