VTB, Russia's second-largest bank and a state-owned institution with approximately US$350 billion in assets under management, is considering offering Bitcoin-related products starting in 2026.

Currently, the bank serves about 60% of the country's largest companies.

Last week, Russian authorities reinforced that there are no technical impediments to the use of Bitcoin. This move indicates progress in integrating the digital asset into the local financial system, within a strategy of diversification and modernization of financial instruments.