This regulatory move provides a legal framework for approved entities to hold and manage cryptocurrencies within the country. Sberbank's inclusion in the initial registration marks the first time the primary financial institution in Russia has been formally certified for crypto custody.
Tuesday, October 20, 2026
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Russia’s Central Bank Registers First Crypto Custodians Including Sberbank
Crypto14 days ago
Sberbank plans to introduce investment products based on Bitcoin, Ethereum and USDT on December 1 after receiving approval to serve as a digital asset custodian. The central bank of Russia has registered its first group of crypto custodians and exchange operators, designating the nation's largest lender as one of the authorized providers.
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