Russian state-owned commercial bank Sberbank will allow individuals to trade using digital financial assets (DFA) in June.​

According to previous news on May 7, Russia conducted seven placements of digital financial assets (DFA) last month, totaling approximately 1 billion rubles ($13 million). Among them, most of the DFAs were sold by Russia's largest banking institution, state-controlled Sberbank, followed by Alfa-Bank, the country's largest private bank.

It is reported that both banks are DFA platform operators authorized by the Bank of Russia. (RBC)