CoinDesk·3 min read·medium
Russia's largest bank plans crypto wallet launch as Moscow clears market path
F
Francisco Rodrigues
✦AI Summary
Russia's Sberbank plans to launch a cryptocurrency wallet integrated into its banking platforms following the upcoming implementation of new digital currency legislation. The law will allow for licensed crypto trading and custody, marking a shift in the Russian government's stance toward digital assets.
The new services will be added to its Sberbank Online and SberInvestments platforms after Russia adopts its bill “On Digital Currency and Digital Rights,” according to Kirill Tsarev, first deputy chairman of the bank's management board.
businesscryptoeconomy
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