“Sberbank Gets Green Light for Bitcoin, Ether and Tether Trading in Russia” — what this page in the network covers. Russia’s biggest lender, Sberbank, has received official authorization to operate a crypto exchange, paving the way for clients to trade Bitcoin, Ether, and Tether USDt. The approval, confirmed by the bank, marks a major step in Moscow’s cautious embrace of digital assets amid Western sanctions. Sberbank plans to launch the service in December, initially for a limited group of qualified investors. The move could give millions of Russians a regulated on-ramp to crypto, potentially shifting liquidity away from offshore platforms.
With Sberbank controlling roughly a third of Russia’s banking assets, its entry may pressure smaller rivals to follow suit. Regulators have yet to clarify tax treatment for retail traders, leaving some uncertainty. For now, the bank says it will cap exposure and use its own custody infrastructure. This listing links straight to the original page, where the content is available in full.