Sberbank Plans Crypto Wallet Rollout by December After Russia Passes Digital Asset Law

According to RBC, Sberbank plans to launch a cryptocurrency wallet in its Sber and Sber Investments mobile apps by early December, contingent on Russia's digital asset law taking effect on September 1. First Deputy Chairman Kirill Tsarev said the bank aims to deploy the wallet within months of the legislation becoming active and have its digital asset depository infrastructure ready by December 1. As Russia's largest bank controlling about one-third of the nation's banking assets, Sberbank's move would integrate crypto custody and trading services into the regulated financial system.
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