Russia’s Sberbank Ready to Enter Crypto Trading as Russia Moves Toward Regulation

Sberbank plans to offer crypto trading services once Russian regulations and exchange trading frameworks are established. The Bank of Russia classifies cryptocurrencies as high-risk, but a proposed 2025 regulation allows qualified and non-qualified investors to trade digital assets, with domestic payments still prohibited. A crypto legislation bill passed its first reading in Russia’s State Duma, aiming to establish a licensed intermediary system for digital currencies by July 2026.