Sberbank, Russia’s largest bank, has been approved by the country’s central bank to trade cryptocurrency, opening the way for it to offer Bitcoin to its customers. On 12 October, the Bank of
Sberbank, Russia’s largest bank, has been approved by the country’s central bank to trade cryptocurrency, opening the way for it to offer Bitcoin to its customers.
On 12 October, the Bank of Russia added Sberbank to its register of crypto exchange operators, allowing it to buy and sell crypto in its own name and with its own funds. Six days earlier, it had listed the bank as a digital depository, the role of keeping the official record of who owns which coins.
