Russia's Sberbank Wins Approval to Offer Cryptocurrency Trading to All Clients

Source Summary

Sberbank has secured regulatory approval to offer cryptocurrency trading to all its clients beginning December 1. The bank is currently testing Bitcoin, Ethereum, and USDT trading within its mobile application.

Why it matters

This marks a major institutional entry into cryptocurrency trading in Russia, with the country's largest bank now authorized to offer digital asset services to its entire client base.