Russia’s largest bank Sberbank plans crypto trading infrastructure by December
New regulations for crypto trading, custody, and settlement in Russia take effect Sept. 1, with requirements for licensed intermediaries applying from July 2027.
AI Summary
Sberbank, Russia's largest bank, plans to launch crypto trading infrastructure and a digital depository by December 1, as Russia moves to regulate crypto trading, custody, and settlement. New regulations take effect September 1, with requirements for licensed intermediaries applying from July 2027, while public trading will be limited to cryptocurrencies meeting strict liquidity and market cap thresholds. Payments for goods and services in Russia remain prohibited.