News · Regulation & Policy
VTB and Sberbank secure exchange and depository licenses, with consumer trading set to launch under a 300,000-rouble annual ceiling.
Key point 1 of 3
01
The Bank of Russia registered 17 crypto exchange providers and eight digital depositories under its digital currency legal framework.
Key point 2 of 3
02
VTB and Sberbank target retail cryptocurrency rollouts in November and December 2026, respectively.
Key point 3 of 3
03
Non-qualified investors face an annual trading cap of 300,000 roubles per intermediary, while domestic crypto payments remain banned.
Context
Russia instituted its 'On Digital Currencies and Digital Rights' law on Sept. 1, 2026, transitioning from experimental regulatory sandboxes to a formal licensing architecture for…
Why it matters
State-backed institutions like Sberbank and VTB will monopolize retail crypto flows under strict custody requirements, standardizing access while sidelining informal peer-to-peer…
What to watch
VTB's retail rollout via VTB My Investments in November 2026, followed by Sberbank's consumer product launch targeted for Dec. 1, 2026.
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