Russia's Largest Bank Sberbank Approved to Offer Cryptocurrency Trading, Opening to All Customers on December 1

Odaily Report: Russia's largest bank, Sberbank, has joined the Bank of Russia's cryptocurrency exchange registry, after having been added to the digital depository registry earlier this month.

Sberbank plans to open cryptocurrency trading to all customers on December 1, and is currently testing Bitcoin, ETH, and USDT trading within its app. The related business will be subject to stricter regulation, cryptocurrency payments remain prohibited, and starting from July 2027, transactions must be conducted through registered intermediaries. (CoinDesk)