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BREAKING: Russia's private banking giant Alfa enters crypto.
Alfa Bank plans to launch cryptocurrency brokerage services for retail clients by late 2026 or early 2027, marking another major step in Russia's digital asset expansion.
* Retail crypto brokerage is targeted for launch by late 2026 - early 2027.
* Alfa plans to build a full crypto custody and trading platform.
* The bank also intends to issue blockchain-based investment products for foreign investors.
* Sber, VTB, and T Bank are reportedly developing similar crypto services.
* The sector will operate under Russia's new crypto framework, expected to take effect around September 1 under central bank supervision
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