Sberbank Plans Compliant Crypto Wallet and Custody Services by December, Pending Russian Law

According to CoinDesk, Sberbank, Russia's largest bank, plans to launch cryptocurrency wallet and custody services by December 2026, provided the Digital Currency and Digital Rights Act takes effect in September. The services will integrate into the Sberbank Online and SberInvestments apps, offering clients regulated access to authorized digital assets within the banking system. Under the new framework, non-qualified investors will face an annual trading limit of approximately 300,000 rubles (about 3,800 U.S. dollars). Other major Russian banks, including VTB and T-Bank, are also preparing similar custody offerings.
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