Russia's largest private lender, Alfa-Bank, plans to launch Bitcoin and crypto trading, custody, and a digital depository once new regulations take effect, joining a broader push by major Russian banks to enter the country's emerging crypto market by late 2026 or 2027.

Russia's biggest bank, Sberbank, plans to launch a Bitcoin and crypto wallet plus digital asset custody by December as the country rolls out its new crypto framework.

Alfa-Bank plans to launch crypto services and operate as a digital depository under Russia's new regulatory framework taking effect July 1, 2026.