Russia’s Sberbank Ready to Enter Crypto Trading as Russia Moves Toward Regulation
Bitcoin Magazine
Sberbank plans to launch crypto trading services once Russian authorities finalize the upcoming legislative framework for digital assets.Summary
Sberbank, Russia's largest bank, has announced its readiness to offer cryptocurrency trading services to its clients. This move coincides with the Russian government's progress on a comprehensive regulatory bill, which passed its first reading in the State Duma. While the Bank of Russia views cryptocurrencies as high-risk, new regulations aim to permit trading through licensed intermediaries for both qualified and non-qualified investors, with legislation expected to be finalized by July 2026.
(Source：Bitcoin Magazine)