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Russia's Central Bank Grants Sberbank Crypto Exchange License

Original: Russia's Central Bank Gives Sberbank Crypto Exchange License Russia's central bank has authorized Sberbank to exchange c

Russia's central bank has authorized Sberbank, the country's largest bank, to exchange cryptocurrencies. Sberbank joins eight other firms already listed on the regulator's new digital currency register. The move marks a notable step in Russia's evolving approach to regulating digital assets and brings major state-backed banking muscle into the crypto exchange sector.

Why now: It signals a significant shift in Russia's official stance on cryptocurrency, with its biggest state-linked bank now authorized to handle digital asset exchanges.

SberbankCentral Bank of Russia

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Evidence

• Russia's Central Bank Gives Sberbank Crypto Exchange License Russia's central bank has authorized Sberbank to exchange cryptocurrencies, joining eight other firms on its new digital currency register. https:// newisty.com/blog/russias-centr… · newisty

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