Ethereum
Russian Bank Sberbank Enters Central Bank Digital Depository Registry
Sberbank is set to introduce digital asset custody covering Ethereum alongside Bitcoin and USDT under a new regulatory regime.
On October 6, 2026, Sberbank was officially recorded in the Bank of Russia's digital depository registry, paving the way for custody services covering Ethereum, Bitcoin, and USDT. The bank plans to deploy these offerings on December 1, leveraging its existing customer interfaces rather than requiring separate applications.
The Russian regulatory structure permits specified crypto investments while keeping domestic payments with digital assets banned. Sberbank is part of an inaugural group of five registered depositories alongside VTB, Atomyze, Voltari, and Cloud Infrastructure. This regulatory status allows institutions to manage digital asset custody and client transfers, though it does not equate to a comprehensive exchange license.
Retail investors will be permitted to access these services under an annual limit capped at 300,000 rubles per intermediary. Sberbank previously noted that deploying the services on December 1 remains subject to the formal release of all required application rules by authorities.
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