Sberbank Tests Crypto Trading in Mobile App After Regulatory Approval
Russia's largest bank Sberbank has begun testing cryptocurrency trading within its mobile app following regulatory clearance.
Russia's largest bank Sberbank has begun testing cryptocurrency trading within its mobile app following regulatory clearance. Bitcoin (BTC) is trading at $84,033.00, up 0.6% since this brief published. This is an original Token Times brief based on reporting by Crypto Daily, with live market data added, as of Mon, 12 Oct 2026 05:00:02 UTC.
This development marks a significant step in Russia's evolving crypto regulatory landscape and could increase mainstream crypto adoption by integrating digital assets into traditional banking services.
- Sberbank is testing Bitcoin, Ether, and USDT trading in its mobile app.
- The move follows Russia's central bank recognition of Sberbank as a digital asset depository.
- USDT has a circulating supply of $184.07B according to DeFiLlama.
Sberbank, Russia's largest bank, has started testing cryptocurrency trading functionalities within its mobile banking application, Sberbank Online. The testing phase includes support for 
Bitcoin, Ether, and the stablecoin USDT.
This move follows the Russian central bank's decision to recognize Sberbank as an official digital asset depository, which allows the bank to provide cryptocurrency-related services under regulatory supervision.
The development marks a significant shift in Russia's approach to cryptocurrency, as the country has previously taken a cautious stance on digital assets. The integration of crypto trading into a major bank's app could pave the way for wider adoption of digital currencies in the country.
The testing phase is currently underway, but specific details about the launch date for full functionality have not been disclosed. This initiative could potentially attract more users to Sberbank's platform and increase the visibility of cryptocurrencies among traditional banking customers.
In the broader market context, the total crypto market cap stands at $2.89T, with Bitcoin trading at $83,530, up 0.90% in the last 24 hours. The Fear & Greed Index is at 69, indicating a 'Greed' sentiment among investors.
Since this brief published about 16 hours ago, Bitcoin (BTC) has moved from $83,530.00 to $84,033.00 — +0.60%.
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 ≈ ₹8.67M (about $84,033.00), up 1.3% over 24 hours. The rupee itself trades about 6.4% 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 12, 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 Tests Crypto Trading in Mobile App After Regulatory — questions & answers
What cryptocurrencies is Sberbank testing?
Sberbank is testing Bitcoin, Ether, and USDT trading in its mobile app.
Why is Sberbank testing crypto trading?
The testing follows the Russian central bank's recognition of Sberbank as a digital asset depository, allowing regulated crypto services.
How large is USDT's circulating supply?
USDT has a circulating supply of $184.07B according to DeFiLlama.
How much is 1 Bitcoin worth in rupee today?
About ₹8.67M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $84,033.00. 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 up 0.60% since this brief first published — trading at $84,033.00 now versus $83,530.00 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 Daily. 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.