Qualified Investors

Sberbank, Russia’s largest bank, plans to launch cryptocurrency trading infrastructure and a digital depository by Dec. 1 as Russia builds a more regulated market for digital assets. New rules for crypto trading, custody and settlement take effect Sept. 1, while requirements for licensed intermediaries begin from July 2027.

Russia’s State Duma has approved a comprehensive cryptocurrency framework that will regulate exchanges, depositories, mining and digital asset services. The law keeps domestic crypto payments banned but allows limited use of digital currencies in foreign trade and other specified transactions.