Russia’s Largest Bank Sberbank Plans to Build Crypto Custody System by Dec. 1

TLDR: Sberbank plans crypto depository and trading infrastructure launch by December 1 this year. Russia’s new crypto regulatory framework takes effect Sept. 1, tightening by July 2027. Only cryptocurrencies above $64B market cap qualify for public exchange trading access. Sberbank previously piloted bitcoin bonds and bitcoin-backed lending with miner Intelion Data. Russia’s largest bank Sberbank [...]

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