VTB, Russia’s Second-Largest Bank, to Launch Bitcoin Trading for Clients in 2026

• Previously, VTB and some other Russian banks were only permitted to offer crypto-linked products to qualified investors
• Andrey Yatskov, VTB’s brokerage-services head, said that the bank’s plan depends on obtaining regulatory approval
• VTB has a market value of about $244 billion and total assets worth $413 billion, with more than 1,300 branch locations in the country

On December 4, VTB (Russia’s second-largest bank) announced its plans to allow clients to buy and sell cryptocurrencies directly through its brokerage accounts beginning in 2026.

Previously, VTB and some other Russian banks were only permitted to offer crypto-linked products to qualified investors (such as derivatives to certain wealthy or professional investors) but not direct ownership of crypto.

According to Andrey Yatskov, VTB’s brokerage services head, the bank’s plan depends on obtainin…

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