Sberbank sets Dec. 1 deadline for Russia crypto trading launch

Sberbank plans to launch cryptocurrency trading infrastructure and a digital depository by Dec. 1, 2026. Summary Sberbank plans to launch regulated crypto trading, custody, settlement, and depository services by December 1. Russia’s new crypto framework starts September 1, with licensing compliance required by July 1, 2027. Non-qualified investors may buy up to 300,000 rubles yearly after passing a mandatory knowledge test. The system will support regulated crypto trading, custody and settlement for eligible customers in Russia. The project follows the approval of new rules covering crypto exchanges, brokers, banks and digital depositories. Russia will introduce the wider regulatory framework on Sept. 1, 2026, while companies will receive additional time to meet licensing requirements. Russia’s Largest Bank Sberbank Plans Crypto Trading InfrastructureSberbank, Russia’s largest bank, plans to build cryptocurrency trading infrastructure and launch a digital custody system by Dec. 1 to support regulated crypto trading, custody and settlement. The system will… pic.twitter.com/ZMMCxIfmag— Wu Blockchain (@WuBlockchain) July 25, 2026 Sberbank plans digital custody and off-chain records Ac...