The Central Bank of Russia has approved Sberbank to offer cryptocurrency exchange services under the country’s new digital asset regulations. The regulator added Russia’s largest lender to its authorized crypto exchange register on Monday, expanding its participation in the regulated cryptocurrency market.
Russia’s Central Bank Adds Sberbank to Crypto Exchange Register
Sberbank has been added to the updated list of institutions authorized to exchange digital currencies by the Bank of Russia. The approval comes after the bank’s earlier enrollment as a digital depository to keep records of cryptocurrency ownership.
The authorization would enable Sberbank to offer cryptocurrency services via its existing digital…
