Hardware wallet sales in Russia surge over 100% ahead of new crypto regulations

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Sales of hardware cryptocurrency wallets in Russia have more than doubled as the country approaches the implementation of new crypto regulations. Major retailers Wildberries and M.Video have both responded to the increased demand, with Wildberries reporting an average price drop of 13% to 7,900 rubles per device. M.Video has also expanded its product range to meet the growing consumer interest. Neither retailer, however, has officially attributed the sales spike to any specific cause, despite the timing coinciding closely with the incoming regulatory changes.

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