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Sberbank tests crypto trading, plans full launch Dec 1 if regulations allow

Market News
08 Oct 2026, 19:19 WIB
Tokenpost
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Bullish
Sberbank tests crypto trading, plans full launch Dec 1 if regulations allow

Sberbank, Russia's largest bank, has started a pilot for crypto trading in its Sberbank Online app, allowing buying, selling, depositing, and withdrawing Bitcoin, Ether, Tether, and other popular cryptocurrencies. The service could open to all clients on December 1, pending regulatory approval under Russia's new crypto framework effective since September 1. The Bank of Russia will finalize which digital assets can be traded by retail investors. Sberbank is also preparing to offer similar crypto services through its investment and business platforms, marking a significant step in regulated crypto adoption in Russia.

Sberbank's crypto trading pilot is notable. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 08, 2026 23:31 WIB: Out of 50 major cryptocurrencies, 6 rose and 43 fell. BAL (Balancer) rose 11.14% to Rp16.297, while MANA (Decentraland) dropped 14.99% to Rp1.644, and AVAX (Avalanche) fell 11.10% to Rp180.779.

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