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Russia's Sberbank and VTB enable 140M users to access Bitcoin via banking apps by late 2026

Market News
07 Oct 2026
Cointribune
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Bullish
Russia's Sberbank and VTB enable 140M users to access Bitcoin via banking apps by late 2026

The Bank of Russia has registered Sberbank and VTB to offer Bitcoin services, marking a historic step in crypto adoption. Sberbank plans to launch Bitcoin custody services by December 1, 2026, while VTB aims to start Bitcoin trading in November 2026. This move opens Bitcoin and Ethereum access to nearly 140 million Russian banking customers through familiar apps, though Bitcoin remains an investment asset and cannot be used for payments. The initiative reflects Russia's strategic use of crypto amid international financial restrictions and signals a major shift toward mass banking adoption of digital assets.

The recent move by Sberbank and VTB to enable Bitcoin access for 140 million Russian customers provides context for cryptocurrency trends. For readers following crypto markets, here is Pluang's snapshot as of Oct 08, 2026 01:41 WIB: out of 50 major cryptocurrencies priced on Pluang, 5 rose and 44 fell today. Notable movers include DOT (Polkadot) at Rp19.665 with a 1-day change of -9.64% and Pluang order activity of 65% Sell / 35% Buy, UNI (Uniswap) at Rp139.752 with a 1-day change of -9.61% and 27% Sell / 73% Buy order activity, and THETA (Theta Network) at Rp3.861 with a 1-day change of -9.60% and 0% Sell / 100% Buy order activity.

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