Russia's biggest bank is about to sell you Bitcoin.
Sberbank just made it onto Russia's first official list of licensed crypto custodians — issued under the new crypto law that took effect September 1. From December 1, its customers can buy and hold BTC, ETH and USDT right inside the banking app they already use, SberBank Online.
Four exchange operators and five custodians got licensed in this first batch, and VTB, another banking heavyweight, is on both lists. A country that once kept crypto at arm's length is now handing its biggest banks the keys.
One line stays firm: crypto still can't be used to pay for goods and services. But for holding and saving, the door just opened wide.
Would you buy your Bitcoin from a bank — or does that miss the entire point? 🏦
$BTC
#BTC #CryptoNews #Russia
Sberbank just made it onto Russia's first official list of licensed crypto custodians — issued under the new crypto law that took effect September 1. From December 1, its customers can buy and hold BTC, ETH and USDT right inside the banking app they already use, SberBank Online.
Four exchange operators and five custodians got licensed in this first batch, and VTB, another banking heavyweight, is on both lists. A country that once kept crypto at arm's length is now handing its biggest banks the keys.
One line stays firm: crypto still can't be used to pay for goods and services. But for holding and saving, the door just opened wide.
Would you buy your Bitcoin from a bank — or does that miss the entire point? 🏦
$BTC
#BTC #CryptoNews #Russia
