The bank said the launch date depends on two things. One is the central bank’s decision on its application. The other is the readiness of the regulations that put the law into effect.
Sberbank joined the Bank of Russia’s register of crypto exchange organizations on Monday, bringing the list to ten firms.
According to Interfax, the listing lets Russia’s largest bank buy and sell digital currencies on its own account, outside organized trading, under the central bank’s definition of the role. Sberbank already sat on the regulator’s separate register of digital depositories. It and VTB are the only firms on both lists.
A digital depository keeps the record of…







