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Russia's Central Bank Authorizes Sberbank Crypto Exchange
Original: Russia’s Central Bank Authorizes Sberbank to Exchange Cryptocurrencies
Russia's Central Bank has authorized Sberbank to exchange cryptocurrencies, a significant move for the country's financial sector. It would make Sberbank one of the first major Russian banks permitted to handle digital asset transactions, potentially opening regulated crypto services to Russian customers.
Why now: A major Russian bank gaining official approval for crypto trading marks a notable shift in Russia's stance on digital assets.
SberbankCentral Bank of Russia
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