Crypto trading gains ground as Sberbank targets December 2026 for new infrastructure and a digital depository under Russia’s regulated framework.
- Sberbank, Russia's largest bank, plans to launch crypto trading infrastructure and a digital depository by December 1, 2026, operating within Russia's new regulated framework.
- The initiative aims to facilitate regulated crypto trading, custody, and settlement, with provisions for both qualified and non-qualified investors, though domestic payments using crypto remain prohibited.
- This move aligns with Russia's broader efforts to establish a regulated digital asset market, with Sberbank having prior experience in issuing digital financial assets and providing crypto-backed loans.
Topics: Jurisdictions, Legal regulatory, Institutional adoption, Emerging hubs, Regulatory sandboxes pilots, Licensing issuer obligations, Asset manager initiatives
Tags: #sberbank #russia #cryptotrading #digitaldepository #regulatoryframework #digitalassets #blockchain #intermediaries #qualifiedinvestors #nonqualifiedinvestors