Sberbank Approved to Launch Crypto Trading Services in December
Russia's largest bank will begin offering Bitcoin, Ethereum, and USDT trading through its digital platforms next month.
Russia's largest bank will begin offering Bitcoin, Ethereum, and USDT trading through its digital platforms next month. Bitcoin (BTC) is trading at $83,346.00, down 0.1% since this brief published. This is an original Token Times brief synthesising 2 outlets (Crypto Economy, CoinCodex), plus live market data, as of Tue, 13 Oct 2026 17:00:01 UTC.
This development marks a significant step in Russia's evolving cryptocurrency regulatory landscape and could increase mainstream adoption of digital assets in the country. It also positions Sberbank as a major player in the crypto trading space.
- Sberbank received approval from the Bank of Russia to offer crypto trading services.
- Trading will begin on December 1 for Bitcoin, Ethereum, and USDT.
- The move comes as Russia implements new crypto regulations.
- USDT circulating supply stands at $184.01B, according to DeFiLlama.
Multiple outlets (Crypto Economy, Crypto Daily, and CoinCodex) confirm that Sberbank has been authorized by the Bank of Russia to offer cryptocurrency trading services. They agree that Bitcoin, Ethereum, and USDT will be available for trading through Sberbank's digital platforms starting December 1. However, CoinCodex reports a different year for the launch (2026), which contradicts the other outlets that state the launch is imminent in December 2023. Additionally, Crypto Daily emphasizes that the bank began testing these services in its online platform after being admitted as a digital depository, a detail not mentioned by other outlets.
- Sberbank Approved for Crypto Trading as Russia Advances Regulation
- Sberbank Approved to Launch Crypto Trading Services in December — this brief
Sberbank, Russia's largest bank, has secured approval from the Bank of Russia to offer cryptocurrency trading services. The bank will begin providing trading for 
Bitcoin, 
Ethereum, and USDT through its digital platforms starting December 1.
According to Crypto Daily, Sberbank has already begun testing these services in its online platform, Sberbank Online. This development follows the bank's admission as a digital depository by the Russian central bank.
The news comes as Russia implements new cryptocurrency regulations. CoinCodex reports that the Moscow Exchange also plans to launch direct trading of Bitcoin, Ethereum, and USDT on December 1, 2026, suggesting a broader integration of cryptocurrencies into Russia's financial system.
The approval of Sberbank's crypto trading services is a significant milestone in Russia's evolving regulatory landscape for digital assets. It reflects the country's growing acceptance of cryptocurrencies and could pave the way for increased mainstream adoption.
As of the latest data, the total cryptocurrency market cap stands at $2.88 trillion, with Bitcoin trading at $83,446, up 1.07% in the last 24 hours. Ethereum is slightly down at $2,513.27, while USDT's circulating supply remains at $184.01 billion, according to DeFiLlama. The overall market sentiment, as measured by the Fear & Greed Index, is at 57, indicating 'Greed.'
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $83,446.00 to $83,346.00 — -0.12%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.71M (about $83,346.00), up 1.1% over 24 hours. The rupee itself trades about 9.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 13, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Sberbank Approved to Launch Crypto Trading Services in Decem — questions & answers
What cryptocurrencies will Sberbank offer?
Sberbank will offer trading for Bitcoin, Ethereum, and USDT.
When will Sberbank begin offering crypto trading?
Sberbank plans to begin offering crypto trading on December 1.
What is the current circulating supply of USDT?
The circulating supply of USDT is $184.01 billion.
How much is 1 Bitcoin worth in rupee today?
About ₹8.71M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $83,346.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.12% since this brief first published — trading at $83,346.00 now versus $83,446.00 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Economy, CoinCodex, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.