Russia's Alfa-Bank Plans Crypto Services for Clients by Late 2026

According to Bits.media, Alfa-Bank, Russia's largest private bank, announced plans to provide cryptocurrency services and become a digital custodian for both its own clients and other legal entities. Operating Director Dmitry Vitman stated the bank aims to create investment tools on open blockchains to attract foreign investors and develop competitive products for international markets. The bank expects retail brokerage services involving Russian and foreign infrastructure to emerge by late 2026 or early 2027 following government crypto regulation, with significant liquidity not anticipated before late 2027.
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