According to Bits media, Russia's largest private bank Alfa-Bank stated that it plans to apply to become a digital depository, offering crypto asset-related services to clients and other institutions, while developing public chain-based investment products to attract overseas investors. The bank said that the related business will proceed after Russia's crypto asset regulation law officially takes effect, and expects that retail crypto brokerage services will be launched as early as the end of 2026 to early 2027. In addition, Russia's Sberbank (Sber) and T-Bank have also previously announced plans to apply for digital asset custody qualification.