Russia clears first crypto exchanges, custodians under new law
60-second summary
Russia registers its first crypto exchanges and custodians under a new law, marking a regulatory breakthrough. The list includes Sberbank, the nation’s largest bank, which announces plans to launch crypto‑related products on December 1. This move signals state‑backed legitimacy for digital assets, likely encouraging domestic investor participation and prompting broader market adoption in Russia.
Russia registered its first crypto exchanges and custodians, including its largest bank, Sberbank, which plans to launch crypto products on Dec. 1.