Current outcome
Sberbank is now licensed both as a digital custodian and a digital-currency exchange operator, enabling crypto conversion and custody services, with first products planned for Dec. 1.
Progress timeline
2 material updates- #01
Russia clears first crypto exchanges, custodians under new law
The Bank of Russia published its first registers of licensed crypto exchange operators (T-Invest Lab, Zefir, Sistema-Crypto, VTB) and digital custodians (Sberbank, Atomyze, Voltari, Cloud Infrastructure, VTB), with Sberbank planning to launch Bitcoin, Ether and USDT products on Dec. 1.
Source evidence: Cointelegraph · theblockbeats
- #02
【俄罗斯联邦储蓄银行获准开展加密货币兑换业务，计划 12 月 1 日上线】
The Bank of Russia added Sberbank to the digital-currency exchange operator register, expanding its role from digital custodian to exchange operator able to offer crypto conversion services.
State after update: Sberbank is now licensed both as a digital custodian and a digital-currency exchange operator, enabling crypto conversion and custody services, with first products planned for Dec. 1.
Source evidence: foresightnews · theblockbeats · CoinDesk