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Russia’s largest bank Sberbank plans crypto trading infrastructure by December

CS
CoinDesk Staff
(04:59 PM UTC)
1 min read
EW
Verified byEmily Watson
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Residents wait in line at an ATM of Russian bank Sberbank. (Anastasia Vlasova/Getty Images)

Summary

  • Sberbank, Russia's largest bank, plans to launch crypto trading infrastructure and a digital depository by Dec. 1 to support a regulated financial system.
  • New regulations for crypto trading, custody, and settlement in Russia take effect Sept. 1, with requirements for licensed intermediaries applying…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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