Russia's largest bank, Sberbank, plans to launch crypto trading infrastructure by December 1.
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Odaily reported that Russia's largest bank, Sberbank, plans to launch crypto trading infrastructure and digital custody services before December 1 to support the regulated financial system.
The new regulations for crypto trading, custody, and settlement in Russia will take effect on September 1, and requirements for licensed intermediaries will apply from July 2027.
Public crypto trading in Russia will be limited to assets that meet strict liquidity and market capitalization thresholds, and the use of crypto assets for domestic payments of goods and services remains prohibited.
The new regulations for crypto trading, custody, and settlement in Russia will take effect on September 1, and requirements for licensed intermediaries will apply from July 2027.
Public crypto trading in Russia will be limited to assets that meet strict liquidity and market capitalization thresholds, and the use of crypto assets for domestic payments of goods and services remains prohibited.
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