VTB Bank to Launch Spot Crypto Trading for Wealthy Clients in 2026

TLDR

  • VTB Bank plans to launch spot cryptocurrency trading for wealthy clients by 2026.
  • The bank will limit access to qualified investors with specific portfolio or income thresholds.
  • Testing of the crypto trading service is already underway with select high-net-worth individuals.
  • Russia’s approach to digital assets has evolved, with increasing use of cryptocurrencies for payments and savings.
  • VTB Bank aims to operate under regulated conditions in the cryptocurrency market, following global trends.

VTB Bank, Russia’s second-largest lender, plans to introduce spot cryptocurrency trading for wealthy clients by 2026. This marks a significant move by the state-controlled bank to tap into the growing digital asset market. It…

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