Russia's Largest Bank, Sberbank, gets approval to launch #Bitcoin trading December 1 ๐ท๐บ ๐
Sberbank has been added to the Bank of Russia's crypto exchange register and is testing Bitcoin trades in its app. It plans to open crypto trading to all clients on December 1. ๐ฅ
The central bank will set the final list of permitted coins, and crypto payments remain banned.
From July 2027, trades must go through registered intermediaries.
A major bank combining trading and custody is the kind of infrastructure that changes how a market operates.
Does a bank-led on-ramp make Bitcoin more or less accessible for everyday investors? ๐
#BTC
Sberbank has been added to the Bank of Russia's crypto exchange register and is testing Bitcoin trades in its app. It plans to open crypto trading to all clients on December 1. ๐ฅ
The central bank will set the final list of permitted coins, and crypto payments remain banned.
From July 2027, trades must go through registered intermediaries.
A major bank combining trading and custody is the kind of infrastructure that changes how a market operates.
Does a bank-led on-ramp make Bitcoin more or less accessible for everyday investors? ๐
#BTC