According to Cointelegraph, Russia’s largest bank, Sberbank, plans to establish a cryptocurrency trading infrastructure by December 1, 2026, including an off-chain digital depository to record client cryptocurrency holdings and handle the majority of transactions. Meanwhile, Russia’s legislative body has completed the final review of its first comprehensive cryptocurrency regulatory bill, which will take effect on September 1, 2026. The framework regulates five categories of market participants—exchanges, brokers, asset managers, custodians, and exchange service providers—and places overall supervision under the Central Bank of Russia.
Russia's Sberbank to Build Crypto Trading Infrastructure by December 2026
TechFlowShare
Russia’s Sberbank aims to launch a crypto trading infrastructure by December 1, 2026, including an off-chain depository for customer crypto assets. The plan aligns with new crypto asset classification rules under a finalized regulatory bill set to take effect on September 1, 2026. The framework will regulate exchanges, brokers, and custodians, with oversight by the Central Bank of Russia. The bill also addresses liquidity and crypto markets, ensuring compliance for key participants in the sector.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
