1 month ago
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Key Takeaways
- Sberbank plans to launch a crypto wallet in its apps by early December 2026.
- The rollout follows Russia’s new crypto law, expected to take effect September 1.
- VTB, T-Bank, and the Moscow Exchange announced similar plans.
- The move comes as the EU tightens crypto sanctions targeting Russia.
The Bank of Russia’s Financial Congress, Sberbank First Deputy Chairman Kirill Tsarev laid out the timeline. Once the law “On Digital Currency and Digital Rights” passes, the bank intends to launch a crypto wallet within a few months, built first into Sberbank Online and SberInvestments. It also plans to have the supporting infrastructure, including a digital depository to store and account for cryptocurrency, ready by December 1.
“As regulation appears, we will prepare the service for our clients. Essentially, it will be a crypto wallet that we will roll out first in Sberbank Online and SberInvestments,” T...
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