Russia’s largest bank Sberbank plans crypto trading infrastructure by December
New regulations for crypto trading, custody, and settlement in Russia take effect Sept. 1, with requirements for licensed intermediaries applying from July 2027.
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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 from July 2027.
- Public crypto trading will be limited to assets meeting strict liquidity and market cap thresholds; payments for goods and services in Russia remain prohibited.
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Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters:
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
