Russia’s legal crypto on-ramp to arrive with a state-owned bank holding the keys
The post Russia’s legal crypto on-ramp to arrive with a state-owned bank holding the keys appeared on BitcoinEthereumNews.com. Sberbank’s December crypto wallet plan could show how far Russia is willing to bring crypto activity inside the banking system, and how much demand will still spill into offshore exchanges, peer-to-peer channels, and foreign platforms. The majority state-owned bank plans to add a crypto wallet and digital depository to Sberbank Online and SberInvestments by Dec. 1, RB.ru reported, citing comments by Sberbank first deputy chairman Kirill Tsarev to RBC. The timing remains contingent on the final text of Russia’s digital-currency law and the rules that follow. If the framework lands as expected, crypto access in Russia may increasingly run through familiar financial apps, licensed intermediaries, and digital depositories rather than informal workarounds. Related Reading Russia creates crypto sanctions loophole, but cash-out routes remain ringfenced The ELR gives s