Bank of Russia clears 17 crypto exchangers as Sberbank and VTB ready retail trading
- —Exchange-provider register grew from 4 on Oct. 6 to 17; depository register now has 8
- —Sberbank targets first crypto products on Dec. 1, VTB in November–December
- —Non-qualified investors capped at 300,000 roubles a year per intermediary
- —From July 1, 2027, residents may trade only via registered intermediaries
Why it matters: Russia is folding crypto trading into its regulated financial system for the first time, reshaping retail access and the role of state banks.
Source: DL News
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