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.
Source: CoinDesk
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DW NOTE
Sberbank's December deadline is driven by September legislation that legalises domestic crypto custody — the same legislation that permanently bans crypto payments for goods and services. Russia isn't embracing crypto; it's building the infrastructure to surveil and tax it while ensuring the ruble remains the only legal tender in every transaction that matters.