The cryptocurrency infrastructure Sberbank is building looks almost nothing like the open, permissionless networks most of the market trades on. Russia’s largest …
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Sberbank
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Markets
Russia’s largest bank Sberbank plans crypto trading infrastructure by December
by shayaanby shayaanNew regulations for crypto trading, custody, and settlement in Russia take effect Sept. 1, with requirements for licensed intermediaries applying from July …
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Adoption
Sberbank To Launch Crypto Wallet As Russia’s Digital Currency Law Clears Path
by shayaanby shayaanFor years, Russia’s largest bank has been navigating a regulatory grey zone around digital assets. Now, Sberbank is preparing to embed a …
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Markets
Russia’s largest bank, Sberbank, prepares to issue crypto-backed loans
by shayaanby shayaanRussia’s biggest bank said it plans to offer loans secured by cryptocurrency following a pilot deal with a mining firm, with legislation …
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Sberbank CEO Herman Gref announced that using cryptocurrencies as a payment method within Russia is currently prohibited by law and is unlikely …