Russia's Crypto Ambitions Explode: VTB Bank to Launch First Bitcoin Trading Desk as Kremlin Eyes Mining Exports
Discover how VTB, Russia's second-largest bank, plans to launch direct Bitcoin and crypto trading by 2026, marking a significant shift in the country's approach to digital assets. This move aligns with increased pressure to regulate the crypto sector and integrate industrial mining as a formal export, reflecting a strategic response to evolving economic landscapes. Learn about the regulatory changes and the expanding role of crypto within Russia's economy.David Isong • Crypto • 7 months ago • 1 minute read •
Russia's financial sector is on the cusp of a significant transformation, with VTB, the country's second-largest lender, leading the charge to offer direct cryptocurrency trading services to its clients. Andrey Yatskov, head of VTB’s brokerage arm, has revealed a surging client demand for
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