Sberbank Gains Russian Crypto Exchange Authorization Ahead of Planned December Launch

Sberbank has received authorization to operate a cryptocurrency exchange in Russia and plans to launch it in December, according to the report. The move signals growing institutional participation in Russia’s regulated crypto market, though the source provides no further details on the exchange’s scope or Bitcoin trading plans. For Bitcoin, the development could expand access through a major domestic bank, subject to Russian rules and the platform’s eventual offerings.