Sberbank is building a crypto exchange faster than Russia can pass the law that permits one

Sberbank is launching a crypto wallet, depository, and exchange by December 2026, before Russia's digital currency law takes full effect in September 2026 and before the licensing regime hardens by July 2027. The move positions Russia's largest state-controlled bank as the primary infrastructure provider for crypto trading and cross-border settlement under new sanctions-evasion-oriented regulations.

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