Sberbank to Launch Crypto Trading Infrastructure by December 2026

Russia's largest bank, Sberbank, has announced plans to build a cryptocurrency trading infrastructure and launch a digital custody system by December 1, 2026. This move comes as the country prepares to implement a new regulatory framework for cryptocurrencies on September 1, 2026.

The broader crypto market is currently showing mixed signals, but Sberbank's announcement is a significant development within this context. The bank's new system will record customers' crypto ownership and facilitate most transactions off-chain, positioning itself as a key player in Russia's evolving crypto landscape.

Sberbank has been at the forefront of banking in Russia and has previously shown interest in digital assets. Its latest announcement to launch a crypto trading infrastructure represents a pivotal shift in its operations, aligning with new regulatory measures expected to shape the crypto landscape in Russia.