Bank-Supervised Crypto Operations Take Shape in Russia

Russia crypto regulation took a concrete step as the Bank of Russia published its first registers of authorized cryptocurrency exchange operators and digital custodians under rules that took effect on Sept. 1. The registers list four exchange operators and five custodians. VTB Bank appears in both categories. Sberbank is listed as a custodian and plans to launch initial crypto products on Dec. 1, with Bitcoin, Ether, and USDT support through SberBank Online, SberInvestments, and SberBusiness. BREAKING: 🇷🇺 Russia approves its largest bank, Sberbank, to provide crypto custody services. Applications opened just 2 days ago. While the US fails on the CLARITY Act, Russia is building at top speed. pic.twitter.com/b3rPSAlGHV — Crypto Rover (@cryptorover) October 7, 2026 Put Your Money Where Your Mouth is On PolymarketRussia Crypto Regulation: From Law to Operating Registers Russian President Vladimir Putin signed the crypto law in August, creating a framework for exchanges, custodians, brokers and investors. The Bank of Russia supervises the market, and the first registers mark a practical step from legislation to authorized operators. Russian President Vladimir Putin – Photo: The Presiden...