Russia to seize retail deposits if sanctions go too far, official warns
Russia’s largest bank, Sberbank, has denied its own supposedly false statement on being included in the U.S. sanctions list on Thursday. Go to Source Powered by WPeMatico
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Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition
The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with services and solutions for digital financial assets. Tinkoff Bank Buys Stake in Aximetria TCS Group Holding, the owner of the Russian Tinkoff Bank, has reportedly … Read more
Owner of Russian bank Tinkoff acquires Swiss digital asset firm
Russian banks have been increasingly moving into the digital asset market despite the Bank of Russia’s hostility toward crypto. Go to Source Powered by WPeMatico
Sberbank Launches First Blockchain ETF in Russia
Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces ETF Tracking Blockchain Economy Index The largest banking and financial services provider in Russia and the post-Soviet space, … Read more
Russian bank Sber launches blockchain ETF tracking Coinbase, Galaxy Digital
Called “Sber — Blockchain Economy,” the ETF will trade under the ticker SBBE and track major crypto companies. Go to Source Powered by WPeMatico
Bank of Russia to ban mutual funds from investing in Bitcoin
Mutual funds in Russia will not be allowed to provide crypto exposure to qualified or unqualified investors. Go to Source Powered by WPeMatico
Russia’s largest bank struggles to register its digital asset platform
State-owned bank Sber is trying to launch digital asset tools, but regulators remain skeptical about the industry. Go to Source Powered by WPeMatico
Russian Sberbank plans to register its digital asset tool in September
As the largest banking and financial institution in Russia and one of the world’s biggest public companies, Sber’s move into digital assets is a significant one. Go to Source Powered by WPeMatico
Russia to Track Crypto Transactions With Help From Sberbank-Owned Company
The Federal Financial Monitoring Service of Russia is going to start tracking cryptocurrency transactions. The agency has already selected a contractor to develop the platform. The entity is affiliated with one of Russia’s largest financial institutions, Sberbank. Rosfinmonitoring to Keep Record of Cryptocurrency Wallets Used for Illicit Purposes Russia’s financial watchdog, Rosfinmonitoring, has selected a … Read more
Russia grants $200K to build tool for tracing crypto transactions
A Russian company indirectly backed by Russia’s largest bank will build a crypto tracking platform as part of a $200,000 procurement contract. Go to Source Powered by WPeMatico
