Russia’s largest bank Sberbank plans crypto trading infrastructure by December

FinanceRussia’s largest bank Sberbank plans crypto trading infrastructure by DecemberNew regulations for crypto trading, custody, and settlement in Russia take effect Sept. 1, with requirements for licensed intermediaries applying from July 2027.By Francisco Rodrigues|Edited by Aoyon Ashraf Jul 25, 2026, 4:59 p.m. 2 min readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShowSberbank, Russia's largest bank, plans to launch crypto trading infrastructure and a digital depository by Dec. 1 to support a regulated financial system.New regulations for crypto trading, custody, and settlement in Russia take effect Sept. 1, with requirements for licensed intermediaries applying from July 2027.Public crypto trading will be limited to assets meeting strict liquidity and market cap thresholds; payments for goods and services in Russia remain prohibited.Russia’s largest bank, Sberbank, plans to build cryptocurrency trading infrastructure and launch a digital depository by Dec. 1 as Russia moves to bring crypto trading, custody and settlement into its regulated financial system.The depository, according to Interfax, will record clients’ ownership of cryptocurrency and process most transactions outside the underlying blockchain. Sberbank will operate active wallets for client-initiated deposits, withdrawals and transfers.The plan follows the Federation Council’s approval of a law regulating cryptocurrency trading through licensed brokers, exchanges, asset managers and depositories.The framework is set to take effect Sept. 1, though rules requiring transactions to pass through licensed intermediaries will apply from July 2027.Public exchange trading will be limited to cryptocurrencies that meet Bank of Russia liquidity thresholds, including an average market capitalization above 5 trillion rubles ($64 billion) and an average daily volume above 1 trillion rubles ($12.8 billion) over 2 years.Qualified investors will …

Russia’s largest bank Sberbank plans crypto trading infrastructure by December

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