---
title: Russia Registers First Crypto Exchanges and Custodians Under New Law
url: >-
  https://www.cryptocatalyst.news/articles/2026-10-07-russia-registers-first-crypto-exchanges-and-custodians-under-new-law
canonical: >-
  https://www.cryptocatalyst.news/articles/2026-10-07-russia-registers-first-crypto-exchanges-and-custodians-under-new-law
date: '2026-10-07T13:10:38.121298+00:00'
category: policy
tags:
  - russia
  - crypto
  - exchanges
  - sberbank
  - regulation
source: CoinTelegraph
source_url: >-
  https://cointelegraph.com/news/russia-first-crypto-platforms-register-new-law?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
publisher: CryptoCatalyst
summary: >-
  Russia registered its first crypto exchanges and custodians, including
  Sberbank. Sberbank plans to launch crypto products on Dec. 1, 2026, and has
  reported $46B in crypto trading.
image: >-
  https://www.cryptocatalyst.news/images/articles/2026-10-07-russia-registers-first-crypto-exchanges-and-custodians-under-new-law.webp
generated_by: automated editorial pipeline
---
# Russia Registers First Crypto Exchanges and Custodians Under New Law

Russia has registered its first crypto exchanges and custodians, including Sberbank, its largest bank. Sberbank plans to launch crypto products on December 1, 2026. This follows the implementation of a new law regulating digital currencies in the country.

## Key takeaways

- Russia registered its first crypto exchanges and custodians under a new law.
- Sberbank, Russia's largest bank, is among the registered entities.
- Sberbank plans to launch crypto products on December 1, 2026.
- Sberbank reported $46 billion in crypto trading and plans ETH/USDT-backed loans.
- The new law provides a legal framework for crypto platforms with AML/KYC compliance.

Russia has registered its first crypto exchanges and custodians under a new law, marking a significant step in the country's evolving crypto landscape. Among the registered entities is Sberbank, Russia's largest bank, which plans to launch crypto products on December 1, 2026.

## Sberbank's Crypto Product Launch

Sberbank's entry into the crypto market is a notable development. The bank has been preparing for this move for some time, as previously reported in our article on [Sberbank's plans to introduce crypto wallets](/articles/2026-07-06-russias-largest-bank-to-launch-crypto-wallets-as-regulations-take-effect). This registration allows Sberbank and other financial institutions to offer crypto-related services legally, providing a more structured and regulated environment for crypto transactions in Russia. Sberbank has already reported $46 billion in crypto trading and plans to offer loans backed by Ethereum (ETH) and Tether (USDT) once regulators approve, as covered in our earlier report.

## The Impact of Russia's New Crypto Law

The new law, which came into effect earlier this year, aims to regulate digital currencies and rights in Russia. This legislation provides a legal framework for crypto exchanges and custodians, ensuring compliance with anti-money laundering (AML) and know your customer (KYC) regulations. The law also sets guidelines for the operation of crypto platforms, including licensing requirements and operational standards.

## What to Watch Next

With the registration of these first crypto exchanges and custodians, the Russian crypto market is expected to see significant growth. Investors and crypto enthusiasts should watch for the launch of Sberbank's crypto products on December 1, 2026. Additionally, the market will be closely monitoring how other registered entities, such as custodians, will shape the crypto landscape in Russia.

## FAQ

### What does Russia's new crypto law regulate?

Russia's new crypto law regulates digital currencies and rights, including licensing requirements and operational standards for crypto exchanges and custodians.

### When will Sberbank launch its crypto products?

Sberbank plans to launch its crypto products on December 1, 2026.

### How much crypto trading has Sberbank already reported?

Sberbank has reported $46 billion in crypto trading and plans to offer loans backed by Ethereum (ETH) and Tether (USDT) once regulators approve.

## Source

This article is a summary of reporting by [CoinTelegraph](https://cointelegraph.com/news/russia-first-crypto-platforms-register-new-law?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound), written by an automated editorial pipeline. See https://www.cryptocatalyst.news/editorial-policy.

## How to cite

CryptoCatalyst.news, "Russia Registers First Crypto Exchanges and Custodians Under New Law", 2026-10-07, https://www.cryptocatalyst.news/articles/2026-10-07-russia-registers-first-crypto-exchanges-and-custodians-under-new-law