Overview
- Deputy Chairman Anatoly Popov told TASS that Sberbank is evaluating lending in rubles secured by cryptocurrency and is studying possible structures.
- Popov said Russia’s crypto rules remain at an early stage and that the bank will work with regulators to design the infrastructure required for such services.
- The Bank of Russia has outlined a comprehensive regulatory approach and is targeting a working framework by July 2026.
- Sberbank reports more than 160 digital financial asset issuances on its platform this year, including tokenized real estate and oil, providing operational groundwork for new products.
- Domestic market players signal readiness, with Moscow and St. Petersburg exchanges preparing crypto trading and VTB planning spot trading for wealthy clients in 2026, while Sberbank indicates it aims to connect to existing DeFi ecosystems.