00:01 Speaker A

Russia’s largest bank, Spare Bank, secures approval to trade crypto. Spare Bank plans to open crypto trading to all clients December 1st. It is already testing BTC, ETH, and USDT trades in its app. So, here’s what happened.

00:19 Speaker A

Russia’s Central Bank has approved Spare Bank or added them, the country’s largest bank and like I said, maybe the biggest bank in the world, to its register of organizations authorized

00:32 Speaker A

to exchange digital currencies themselves and on behalf of their customers.

00:36 Speaker A

So they had already obtained the digital depository registration earlier this month to be able to custody assets. So as it said there in the headline,…