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Crypto

Russian state bank Sberbank steps up crypto trading infrastructure, aims for Dec. 1

Russia\'s largest bank Sberbank plans to build cryptocurrency trading infrastructure by Dec. 1, including a digital depository for recording ownership and processing most transactions off the main blockchain. It also plans to operate active wallets for deposits, withdrawals and transfers. The move comes as Russia advances a comprehensive legal framework for crypto markets, setting supervision by the central bank, eligibility thresholds and regulated participant categories. The EU and Britain have tightened sanctions, including on exchange HTX.

Crypto

Russia allows cryptocurrency investment but bans payments in first step into mainstream

Russia\'s lower house has passed a bill to legalise cryptocurrency investment and trading while banning its use to pay for goods and services domestically. Trading would be allowed only through licensed, registered exchanges, with custodians, brokers and asset managers assigned formal roles and exchanges subject to capital requirements. Retail investors would face suitability tests and limits. The measure takes effect in stages from Sept. 1, 2026, but still needs approval by the upper house and President Vladimir Putin.

Crypto

Russia central bank governor says digital ruble to be unveiled Sept 1

Russia\'s central bank has reaffirmed plans to introduce its central bank digital currency, the digital ruble, on Sept. 1. Governor Elvira Nabiullina said preparations have been completed and the rollout will follow the previously announced schedule. She said all preparations were in place and the digital ruble would complement the existing ruble, with financial and credit institutions handling it first. Legal changes are also due to take effect on the same date.