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Morning Edition · Thursday, October 15, 2026Published at 1:43 AM EDT · New York
Russia's Central Bank Authorizes Sberbank to Exchange Crypto as Banks in Russia, the UAE and Europe Absorb Retail Access
Sberbank plans its first bitcoin products for December, Standard Chartered has opened bitcoin trading for wealthy clients in the United Arab Emirates, and Kraken's parent is buying a European bank.
The Bank of Russia has authorized Sberbank, the country's largest bank, to exchange cryptocurrencies. Sberbank plans to launch its bitcoin-related products in December. Russian coverage describes a wider build-out on the same timetable. Acc…
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Banks Become the Gateway to Crypto
Central banks and regulators across rival blocs will keep routing retail crypto access through a few licensed banks and chartered exchanges, increasing state visibility into holdings and squeezing offshore and peer-to-peer channels.
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