Sberbank plans to launch its crypto trading infrastructure by December 1, 2026

NewsSat, 25 Jul 2026 21:55:09 UTC1 day ago
Sberbank plans to launch its crypto trading infrastructure by December 1, 2026

This means that the crypto trading platform of Sberbank will be operational by the end of December.

According to Interfax, the bank, listed in Moscow under SBER and SBERP, is developing instruments that will allow it to track ownership and conduct transactions and customer operations in line with the laws that are currently being considered by the parliament.

Alexander Vedyakhin, First Deputy Chairman of Sberbank’s Management Board, said:

“One of the key elements of the new infrastructure will be a digital depository, which will maintain records of clients’ cryptocurrency rights and account for transactions outside the main blockchain. It will also facilitate transactions on active wallets to fulfill clients’ currency transfer orders. Sberbank plans to implement the necessary infrastructure for cryptocurrency trading and launch the digital depository by December 1, 2026.”

Sberbank builds the systems needed for licensed crypto trading

The work follows the State Duma’s approval of the On Digital Currency and Digital Rights bill on July 21. Lawmakers passed it at the third reading, which sends it next to the Federation Council. After that, it would need President Vladimir Putin’s signature before becoming law.

… Continue reading the full article at the original source below.

Read from Source · cryptopolitan.com ↗
This content is automatically aggregated. Full credit goes to the original publisher (cryptopolitan.com).

Related