Sberbank Secures Russian Crypto Exchange Approval, Targets December Launch
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Sberbank plans to offer Bitcoin, Ether and USDT in its existing apps following Russian crypto exchange authorization, The Defiant reports.
Sberbank has received authorization to operate a cryptocurrency exchange in Russia, according to The Defiant. The bank is targeting a December launch.
The planned service would give users access to Bitcoin, Ether and USDT through the bank’s existing apps.
Russian rules require non-qualified investors to complete testing and place limits on their purchases. Those restrictions would apply to access under the planned offering.
Source: The Defiant
