By Isaac • July 25, 2026 8:01 pm •
Russia’s largest bank is preparing to place cryptocurrency inside a familiar banking structure.
The public blockchain will remain underneath it, but many customers may deal almost entirely with Sberbank’s internal records.
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Sberbank is targeting December 1, 2026, to have crypto trading infrastructure and a digital depository ready, according to First Deputy Chairman Alexander Vedyakhin.
The depository would record customers’ ownership rights and account for most activity outside each asset’s primary blockchain. Active wallets would handle deposits, withdrawals and transfers that must reach the network.
December 1 is Sberbank’s target, rather than proof that the service is already live.
Russia’s Largest Bank Sberbank Plans Crypto Trading Infrastructure
Sberbank, Russia’s largest bank, plans to build cryptocurrency trading
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