Sberbank prepares trading and custody through existing platforms

In its Oct. 7 coverage, crypto.news reported that Russia had registered its first exchanges and custodians, with Sberbank among five digital depositories. The report identified SberBank Online, SberInvestments and SberBusiness as the lender’s planned customer channels, with Bitcoin, Ether and $USDT expected among the initial supported assets.

Sberbank’s infrastructure preparations were public before the October registrations. In July 26 coverage of its trading and custody plans, first deputy chairman Alexander Vedyakhin said the bank intended to complete its systems before December.

“Sber plans to implement the necessary infrastructure and launch the digital…