Russia’s Sberbank to launch crypto trading infrastructure this year

CoinTelegraph·

Russia’s Sberbank to launch crypto trading infrastructure this year

60-second summary

Russia's Sberbank is launching cryptocurrency trading infrastructure by December 1, aiming to capitalize on the country's emerging regulatory framework. The bank plans to establish rules for market participants and allow crypto assets in foreign trade operations, marking a significant step towards mainstream adoption. This move is expected to boost Russia's crypto market.

Russia’s biggest bank plans to create cryptocurrency trading infrastructure by Dec. 1 as the country is set to establish rules for market participants while allowing crypto assets to be used in foreign trade operations.