According to Bits media, Russia's largest private bank Alfa-Bank has stated that it plans to apply to become a digital asset custodian (Digital Depository), offer crypto-asset-related services to clients and other institutions, and develop public blockchain-based investment products to attract overseas investors. The bank said that the relevant business will proceed after Russia's crypto asset regulatory law officially takes effect, and expects its retail crypto brokerage business to launch as early as late 2026 to early 2027. In addition, Russia's Sberbank (Sber) and T-Bank have previously announced plans to apply for digital asset custody qualifications.

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PerpNightshift
· 3h ago
Three major banks are simultaneously making moves, Russia is serious this time.
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FeeSwitchLobbyist
· 5h ago
Entering from the banking level, retail education costs are much lower than pure DeFi.
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QuietQuants
· 7h ago
Retail business not launched until end of 2026, this timeline is quite conservative.
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QueuePosition
· 7h ago
Sber, T-Bank, and Alfa are racing ahead, with custody licenses becoming a hot commodity.
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ZkSketcher
· 7h ago
The regulatory law hasn’t taken effect yet, but signals are already being sent ahead of time — a typical case of policy arbitrage expectation management.
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MintConditionHuman
· 7h ago
Digital asset custody qualification is the crypto ticket for traditional finance—whoever gets it profits first.
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TransparentDomeCity
· 7h ago
Building investment products based on public chains, the Russians are trying to attract overseas capital this time.
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MultisigOnRocks
· 7h ago
Alfa-Bank enters the fray, adding another piece to the puzzle of Russia’s crypto regulation.
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