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Russia's Central Bank Grants Sberbank Crypto License

Original: Russia’s Central Bank Gives Sberbank Crypto License

Russia's central bank has issued a cryptocurrency license to Sberbank, the country's largest bank. The move would allow Sberbank to offer crypto-related services to customers, a notable shift given the central bank's historically hardline stance against digital assets. Reports of the decision are circulating in financial and crypto media.

Why now: A major Russian state-controlled bank receiving official approval to operate in crypto signals a potential loosening of Russia's restrictive stance on digital assets.

SberbankCentral Bank of Russia

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• Russia’s Central Bank Gives Sberbank Crypto License · Bitcoin Magazine

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