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The Polylog Crypto Intelligence Brief

Morning Edition · Wednesday, July 8, 2026

Russia's Legal Crypto On-Ramp Is Set to Launch With a State-Owned Bank Holding the Keys

A reported December debut of a Sberbank crypto wallet would make custody, limits and compliance the price of legal access.

Russia's Legal Crypto On-Ramp Is Set to Launch With a State-Owned Bank Holding the Keys

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States Route Crypto Access Through Controlled Intermediaries

Governments managing sanctions and capital controls increasingly legalize crypto only through custodied, monitored on-ramps, trading self-custody for oversight and recurring across restrictive jurisdictions.