Russia’s largest private bank,Alfa-Bank, plans to offer crypto-related services after Russia’s new digital currency rules take effect. The bank wants to become a regulated digital depository and serve its own clients as well as other legal entities. The plan places Alfa-Bank in the same field as state-linked and large digital banks that are preparing licensed crypto access.
Summary
- Alfa-Bank wants a digital depository before offering wider crypto services under Russia’s planned rules framework.
- Sberbank, T-Bank and VTB plans show Russia’s banking sector is preparing for regulated crypto access.
- Retail launch timing still depends on final rules, app access and market…
