Sberbank Approved for Crypto Trading as Moscow Exchange Plans December Launch
Russia's largest bank, Sberbank, has received regulatory approval to offer trading in Bitcoin, Ethereum, and Tether.
Russia's largest bank, Sberbank, has received regulatory approval to offer trading in Bitcoin, Ethereum, and Tether. Bitcoin (BTC) is trading at $83,174.00. This is an original TLT brief synthesising 2 outlets (Cointelegraph, CoinCodex), plus live market data, as of Tue, 13 Oct 2026 14:00:03 UTC.
This development marks a significant step in Russia's evolving crypto regulatory landscape and could increase mainstream adoption of cryptocurrencies in the country. It also positions Sberbank to become a major player in the Russian crypto market.
- Sberbank has secured authorization to offer crypto trading services.
- Moscow Exchange will launch BTC, ETH, and USDT trading on December 1, 2026.
- Russia's new crypto regulations enable regulated trading platforms.
- USDT market cap stands at $184.03B, according to DeFiLlama.
Both Cointelegraph and CoinCodex report that Sberbank has received authorization to offer crypto trading services, including Bitcoin, Ethereum, and Tether. They agree that Moscow Exchange will begin offering direct trading of these cryptocurrencies on December 1, 2026, under Russia's new crypto regulations. However, CoinCodex provides the specific launch date, while Cointelegraph focuses on Sberbank's regulatory approval.
Russia's largest bank, Sberbank, has been granted authorization to offer cryptocurrency trading services, according to multiple outlets. This development comes as Moscow Exchange prepares to launch direct trading of 
Bitcoin (BTC), 
Ethereum (ETH), and 
Tether (USDT) on December 1, 2026.
The move is part of Russia's new regulatory framework for cryptocurrencies, which aims to provide a legal structure for crypto trading and related financial services. Sberbank's entry into the crypto market is expected to bring more mainstream adoption and legitimacy to digital assets in the country.
Cointelegraph and CoinCodex both confirm that Sberbank's authorization is in line with Russia's updated crypto regulations. However, CoinCodex specifies the exact date of the Moscow Exchange's trading launch, while Cointelegraph emphasizes the regulatory approval aspect.
The development comes at a time when the total crypto market cap is at $2.87 trillion, with Bitcoin trading at $83,214 and Ethereum at $2,501.05. Tether (USDT), the third cryptocurrency to be traded on the Moscow Exchange, has a circulating supply of $184.03 billion, according to DeFiLlama.
The Fear & Greed Index currently stands at 57, indicating a state of 'Greed' in the market. The overall market is relatively flat, with Bitcoin up 0.59% in the last 24 hours and Ethereum down 1.16% during the same period.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $83,214.00 to $83,174.00 — -0.05%.
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 TLT'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 ≈ ₦113.62M (about $83,174.00), up 0.4% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian 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.
TLT 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 for Crypto Trading as Moscow Exchange Plan — questions & answers
What cryptocurrencies will Sberbank offer?
Sberbank will offer trading in Bitcoin, Ethereum, and Tether (USDT).
When will Moscow Exchange start crypto trading?
Moscow Exchange plans to launch crypto trading on December 1, 2026.
What is the current market cap of Tether (USDT)?
The circulating supply of USDT is $184.03 billion.
How much is 1 Bitcoin worth in naira today?
About ₦113.62M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $83,174.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Cointelegraph, 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 TLT 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.