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Wire · operational-macro

Russia's Sberbank Given Green Light To Custody Bitcoin

Published

7 October 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

Russia

◆ Source

Read at bitcoinmagazine.com →

◆ Verified

Fusion42 · 11 October 2026 · Fusion42 review

Russia's largest bank, Sberbank, has received approval to custody digital assets including Bitcoin, becoming the first in the country to do so.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

You now face a new competitor with a giant bank entering crypto custody in Russia. If you serve local crypto clients, this institutional endorsement shifts market trust and access rapidly.

◆ Coverage

1 source · 7 Oct 2026

◆ Related on Wire

◆ Topics

Fintechsberbankbitcoincrypto-custodyrussiaregulatory-approval