Episode Details

Alfa-Bank, Russia’s largest private bank, is testing crypto trading for select investors via its Alfa-Investments app, signaling a major shift toward regulated digital assets. While retail access may come as early as Q4 2026, it’s contingent on finalized legislation. Alongside Sber and VTB, Alfa-Bank is building a digital depository to serve as a custodian — not just for its own operations but for other firms. Russia’s crypto legal framework is advancing rapidly, with key bills passing initial readings and poised for second readings, paving the way for a more structured, official crypto market.

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