Sberbank, Russia’s largest bank, plans to build out crypto trading infrastructure by December, according to the report. The timeline comes as Russia moves ahead with a new regulatory framework covering digital asset activity.
The updated rules for crypto trading, custody and settlement are set to take effect on Sept. 1. That change gives the market a clearer legal structure for how crypto-related services may be handled in Russia.
The report also says requirements for licensed intermediaries will begin applying from July 2027. This points to a phased approach, with core rules arriving first and stricter intermediary requirements following later.
For Sberbank, the plan signals that major financial institutions are preparing for a more formal crypto market under Russian regulation. If completed on schedule, the bank’s infrastructure could position it for activity in trading and related crypto services once the new framework is in place.
