Russia's VTB Bank Prepares to Launch Direct Cryptocurrency Trading Services in 2026

Source: ETHNews
Original Title: Russia’s VTB Bank Prepares to Launch Direct Crypto Trading in 2026
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VTB Bank, Russia’s second-largest bank, is preparing to launch direct cryptocurrency trading services in 2026, marking one of the most significant steps toward mainstream digital asset adoption in the country’s financial system.

The launch is subject to final approval by Russian regulators, with relevant regulatory bodies indicating that authorization is expected to be granted in the coming months.

Major Shift Toward Direct Crypto Access

VTB Bank has already allowed clients to gain exposure to digital assets through crypto-linked derivatives. The bank is now preparing to go beyond synthetic products, enabling clients to directly buy, hold, and sell cryptocurrencies, including Bitcoin, upon receiving regulatory clearance. Trading will be offered via both individual investment accounts and standard brokerage accounts, integrating cryptocurrencies into channels already familiar to retail and professional investors.

This expansion makes VTB one of the first major Russian banks to formally offer access to cryptocurrencies through fully regulated investment platforms.

Regulatory Approval Expected Soon

Russian financial regulators have indicated that approval for direct cryptocurrency trading is expected within months. This move reflects Russia’s gradual and measured shift in its stance toward digital assets, evolving from restrictive caution to a regulated participation framework. This trend includes recent government support for exploring blockchain infrastructure, controlled mining operations, and cross-border digital asset settlements.

Strategic Positioning for Russia’s Financial Future

For VTB, this move is not only a response to client demand but also a strategic preparation for a financial landscape in which digital assets are increasingly integrated into global markets. Offering cryptocurrencies through traditional investment accounts brings digital assets closer to Russia’s mainstream financial system and signals broader institutional acceptance.

With regulatory approval approaching, VTB is positioning itself as a key gateway for cryptocurrency investment in Russia, potentially setting a precedent for other major banks in the region.