Sber plans to add authorized cryptocurrency operations to Sberbank Online and SberInvestitsii. The bank wants to launch a crypto wallet and a digital depository where assets will be stored and accounted for by December 1, 2026.
The launch depends on the law "On Digital Currency and Digital Rights," which is expected to come into force on September 1. After the final rules appear, Sber expects to deploy the necessary infrastructure within a few months.
As regulation emerges, we, for our part, will prepare a service for our clients. In essence, it will be a crypto wallet that we will integrate primarily into Sberbank Online and SberInvestitsii.
The timing will depend not only on regulation but also on the ability to release updated applications in stores. Android users may get the new interface earlier than others.
Separately, Sber is considering the possibility of becoming an intermediary for trading on foreign platforms through Russian infrastructure. But a decision will only be made after the requirements in Russia and the rules of foreign exchanges themselves become clear.
Similar plans have already been announced by T-Bank and VTB: they also want to create digital depositories for cryptocurrency after the law comes into force. Banks are preparing to take their places in the new market even before the first legal transactions appear.