Russia's second largest bank VTB plans to launch cryptocurrency trading services through brokerage accounts in 2026
ChainCatcher news, according to Cryptopolitan, Russia's second largest bank VTB plans to allow investors to buy and sell cryptocurrencies through its brokerage accounts. The head of the bank's brokerage services department announced this news at an international investment conference held in Moscow this week.
Currently, VTB is offering clients the opportunity to invest in cryptocurrency derivatives and plans to provide direct investment channels for digital assets next year. VTB intends to launch cryptocurrency trading services as soon as regulatory approval for this business is obtained. Russian financial regulators have hinted that this move is likely to be implemented in the coming months. At that time, VTB's clients will be able to directly buy, hold, and sell crypto assets such as bitcoin in their individual investment accounts or regular brokerage accounts.
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