Russia’s largest lender, Sberbank, has confirmed plans to launch a cryptocurrency wallet and digital asset depository within months after the country’s proposed digital asset law takes effect on Sept. 1.
Summary
- Sberbank plans to launch a crypto wallet and digital asset depository after Russia’s new digital asset law takes effect on Sept. 1.
- Russia’s largest bank is also considering providing access to foreign crypto exchanges, subject to the final regulatory framework.
- The planned launch comes as Russia prepares to roll out both its digital asset rules and the digital ruble from Sept. 1.
According to local news outlet RBC, Sberbank expects to integrate a…
