Sberbank Joins Russia’s First Registered Crypto Custodians
9 Articles
9 Articles
The Bank of Russia has placed Sberbank and VTB in the register of digital custodians, and is reported on the regulator's website.
Russia’s Sberbank Given Green Light To Custody Bitcoin
Russia’s largest bank has announced it is the first in the country to have been approved to custody bitcoin. Sberbank said in an announcement Wednesday that the Bank of Russia gave the company the green light for “digital currency record-keeping” and to facilitate the transfer of such assets. It said that bitcoin and other, smaller cryptocurrencies were given approval. Russia is fast moving ahead with regulating digital assets in the country. …
The Central Bank of Russia announced that Sber and VTB have been included in the register of "digital custodians." It was also stated that VTB has been added to the register of institutions that trade digital currencies...
Sberbank Joins Russia’s First Registered Crypto Custodians - Invest In Crypto News
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy. Source link
The Central Bank of Russia has granted licenses to several banks and companies, including Sber and VTB, to operate in the cryptocurrency market. Sber and VTB have been added to the digital custody register, and VTB plans to expand its reach to a wider investor base by the end of the year.
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
