Sberbank Tests Bitcoin, Ether and USDT Trading Inside Its Banking App

Sberbank has begun testing cryptocurrency operations in its Sberbank Online mobile app, including the ability to buy, sell, deposit and withdraw digital assets. The pilot, reported on October 8, follows the Bank of Russia’s admission of the lender as a digital depository under the country’s new digital-currency market framework two days earlier. The move places a limited crypto test inside the digital services of Russia’s largest bank, rather than in a standalone exchange product . Sberbank has said broader customer access is planned from December 1, but only if the relevant regulatory framework takes effect.

Source: Crypto Daily