Sberbank Plans Crypto Wallet Launch in December Amid Regulatory Shift
2026-07-06 19:42

Woofun AI reports that Sberbank intends to introduce cryptocurrency wallet and digital custody services by December, integrating them into the "Sberbank Online" and "SberInvestments" platforms. This rollout depends on the official enactment of Russia's 'Digital Currency and Digital Rights Law' in September, which aims to establish licensing frameworks for crypto transactions, custody, fiat exchange, and cross-border settlements. The bank confirmed that users will access authorized crypto assets directly within its application, alongside a new digital asset custody system for token storage and ledger management. Other financial institutions, including the Moscow Exchange and VTB, are also accelerating digital asset business deployments as Russia's financial system opens to compliant crypto markets.

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Sberbank
Moscow Exchange
VTB
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