Russian Sberbank Plans to Establish Cryptocurrency Trading Infrastructure Within the Year

According to Cointelegraph, Russia's largest bank, Sberbank, plans to establish cryptocurrency trading infrastructure by December 1, 2026, including an off-chain digital depository to record customer cryptocurrency rights and process most transactions. Meanwhile, the Russian legislature has completed the final reading of the first comprehensive crypto market regulation bill. The framework will officially take effect on September 1, 2026, covering five types of regulated market participants: exchanges, brokers, asset managers, custodians, and exchange service providers, with the Central Bank of Russia responsible for overall supervision.