2 years ago
Russia’s Sberbank has received a licence from the Bank of Russia to contented and speech integer assets, conscionable 2 months aft the Russian cardinal slope had advocated for a afloat ban connected trading, mining and utilizing cryptocurrency.
Sberbank, the country’s largest retail bank, precocious said it was withdrawing from European markets aft sanctions began hitting Russian-exposed industries, and its Europe-based units were seeing currency outflows.
In January, Sberbank applied for a license with Russia’s cardinal slope to contented its ain integer token for firm clients. Sberbank sought to person the integer plus disposable for the companies banking with it.
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Michael Bellusci is CoinDesk's crypto payments reporter.
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