Russia's Sberbank Sees $46 Billion in Crypto Trading, Plans Ethereum and USDT-Backed Loans
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Russia clears Sberbank for crypto trading ahead of December launch
Russia’s largest bank, Sberbank, has secured crypto exchange authorization as it prepares to offer Bitcoin, Ether and Tether USDt trading.
Russia's Biggest Bank Sberbank Wins Approval to Trade Bitcoin
Sberbank now holds both custody and exchange status under Russia's new crypto law, and plans to bring Bitcoin, Ethereum and USDT to apps used by 110 million retail clients.
Russia clears first crypto exchanges, custodians under new law
Russia registered its first crypto exchanges and custodians, including its largest bank, Sberbank, which plans to launch crypto products on Dec. 1.
Russia to ban direct peer-to-peer crypto trades starting July 2027
Russia plans to ban direct P2P crypto trades from July 1, 2027, while separate rules already prohibit transfers from digital accounts to self-custody wallets.
EU investors rank crypto above retirement plans for lasting wealth creation: OKX survey
European investors ranked crypto above retirement plans for lasting wealth creation, while prior surveys show US investors are skeptical on crypto’s role in retirement accounts.
Russia Will Soon Ban Peer-to-Peer Bitcoin Trading, Central Bank Confirms
Russians have until July 1, 2027 to buy and sell crypto directly with each other. After that, every trade runs through a broker or exchange approved by the Bank of Russia.