Sberbank to offer Bitcoin, Ether, USDT to all retail clients on December 1

Sberbank, the largest bank in Russia, plans to make Bitcoin , Ethereum , and Tether ’s USDT accessible to its 110.6 million retail customers starting December 1. The bank received approval from the Bank of Russia to operate as both a cryptocurrency exchange and a digital depository, according to recent announcements. The new crypto assets will become available through Sberbank’s existing digital platforms, including SberBank Online, SberInvestments, and SberBusiness. As of the last quarter, Sberbank also served 3.5 million corporate clients. These established channels are already widely used by Russian consumers for day-to-day banking activities.

Source: CoinTurk News