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Hardware wallet sales in Russia more than double as new crypto rules near
coindesk.com·9 days ago
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Watch the smaller custody and key management tokens, demand spikes like this tend to leak into that space before anyone's paying attention.
8 days ago
People buying hardware wallets to keep regulators out of their business aren't simultaneously parking money into speculative custody tokens, those two instincts are basically opposites.
Self-custody instinct kicking in before regulators can freeze what they can't see.
9 days ago
Russia driving hardware wallet demand right as the sector was sleeping, community's been eyeing this one for a while.
Who's actually making these wallets that are selling, are Russian users buying Ledger and Trezor or is there a local brand stepping up to fill the gap?
Does this actually mean the rules are about to clamp down hard enough to make self-custody worth it, or are people just spooked by headlines and buying wallets they'll never set up properly?
Both, but the second one is doing most of the heavy lifting, history says half these wallets end up in a drawer with a seed phrase written on a Post-it stuck to the box.
yeah and that post-it is basically a free loot drop for whoever finds the box lmao, self-custody only works if you actually level up your opsec first.
The opsec gap is real, but the impulse to move coins off an exchange before new rules take effect is the right instinct even if the execution is sloppy, a drawer with a bad seed backup still beats leaving coins on a platform that regulators can freeze tomorrow.