Russia's largest private lender Alfa Bank tests crypto trading, plans suite of crypto services ahead of govt legislation
New Delhi, July 9 -- Alfa Bank, the largest private bank in Russia, is considering adding cryptocurrency related services to its offerings, according to a report by Cointelegraph, citing local Russian publication RBC. The lender has reportedly began testing crypto trading on its brokerage app with a small set of qualified investors, as per the RBC report.
Access for retail clients will come after the Russian government approves crypto and digital assets related framework and regulations. The bank is looking for this as early as 2026-end, as per the report.
Testing is underway via the bank's Alfa-Investments and includes a number of tokens such as Bitcoin, Ether, Solana, Tether, USDC, USDt and Zcash, it added.
Alfa Bank did not respond ...
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