A recent survey indicates that 69% of Russians do not find any practical applications for cryptocurrencies. This finding comes from a poll conducted by Rambler & Co between July 23 and July 30, involving over 2,000 internet users, as reported by TASS.
Only 31% of participants are open to the idea of using cryptocurrencies, with some suggesting potential uses like making payments for overseas purchases (8%), long-term investments and savings diversification (6%), and business transactions (4%). Additionally, 13% mentioned other scenarios.
According to the survey, 52% of respondents do not engage with cryptocurrencies and are unsure how new regulations will affect them. Among these, 22% appreciate the market moving out of the shadows, while 20% view it as a step towards clearer rules. Furthermore, 6% noted that the news of regulation has prompted them to start learning about the topic.
When asked about the necessary conditions for engaging with cryptocurrencies, respondents highlighted the need for clear regulations and reduced risks. Specifically, 38% seek honest information without promises of quick profits, 36% desire straightforward laws and clear accountability, while 16% want reliable licensed platforms and 10% prefer user-friendly interfaces and support.
The level of awareness regarding cryptocurrencies remains low, with 54% of those surveyed knowing little about how digital assets function. An additional 23% reported being hindered by an overload of fragmented and conflicting information. Only 17% possess basic knowledge, while 6% are well-versed and have personal experience in the area.
Looking ahead to future regulations, 39% of respondents anticipate that they will simplify financial transactions. Another 23% hope for explanatory content from media and experts, with the same percentage expecting integration with familiar financial services. Lastly, 15% believe that regulation will provide a viable alternative to traditional currency.
It is worth noting that on July 21, the State Duma passed a law "On Digital Currencies and Digital Rights," which will take effect on September 1, 2026. This law permits unqualified investors to purchase the most liquid cryptocurrencies after undergoing testing, with a limit of 300,000 rubles per year through a single intermediary.