Sberbank Receives Approval for Cryptocurrency Trading Amid VTB's Launch

Community Trust Score Likely Real 77 % Real Likely Real 22 votes Updated 25 seconds ago Russia’s biggest bank just got the green light. Sberbank has received authorization from the Bank of Russia to trade cryptocurrencies — Bitcoin, Ether, and Tether USDt — and is targeting a December 1 launch across its existing digital platforms. The inclusion of Sberbank and VTB in Russia's authorized crypto operator list marks a significant shift in the country’s approach to cryptocurrency regulation, indicating a potential legitimization of digital assets within the Russian financial system.

Source: The Currency Analytics