Sberbank Plans to Roll Out Russia-Compliant Crypto Infrastructure by Dec. 1

PANews reported on July 27, citing CoinDesk, that Sberbank, Russia's largest bank, intends to launch cryptocurrency trading infrastructure by December 1. The planned buildout includes digital asset custody services and an active crypto wallet offering. The initiative follows the State Duma's approval on July 21 of a wide-ranging bill governing cryptocurrency trading, designed to enable domestically compliant trading and custody under Russia's new regulatory framework.