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A court has ordered one of Russia’s largest banks to lift restrictions imposed on the accounts of a Russian citizen who was selling digital coins on cryptocurrency exchanges. The state-owned giant Sberbank will now have to unblock its client’s cards and restore his access to its online banking platform. Regional Court in Russia Rules in … Read more
According to the court, Sber had no reason to keep the account service blocked after the client provided detailed information about his Bitcoin trades. Go to Source Powered by WPeMatico
A new project in Russia aims to enable secure storage of inherited digital possessions like Bitcoin using a cloud-based service of state-owned Sberbank. Go to Source Powered by WPeMatico
The Central Bank of Russia (CBR) has set out to examine the risks associated with cryptocurrency investments. The regulator is going to conduct a dedicated study with the participation of major banks and payment processors operating in the Russian market. CBR Adds Crypto to Its Survey Program for 2021 Russia’s central bank, known as Bank … Read more
Top Russian bankers cite their reasons for not liking Bitcoin after Tinkoff’s CEO said that the central bank was stopping it from offering crypto trading services. Go to Source Powered by WPeMatico
A major Russian bank revealed an upcoming digital asset launch, which complements another of its latest crypto-related moves. Sberbank applied to register a platform to issue a token named “Sbercoin.” Bank Expects the Stablecoin Could Launch in the Spring of 2021 During an interview with 1prime, Anatoly Popov, Sberbank’s deputy chairman, said the bank made … Read more
Sberbank has applied with the Central Bank of Russia to launch a blockchain platform for its “Sbercoin” stablecoin. Go to Source Powered by WPeMatico
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency. Go to Source Powered by WPeMatico
With new legislation on digital assets coming into effect in a month, Russian financial institutions are looking to act. Go to Source Powered by WPeMatico
The fervor for cryptocurrency assets in Russia has grown wild over the last few years. This week Xangle Research published a comprehensive report about digital currencies and the Russian environment in 2020. The study’s findings show that Russia is one of the world’s key players when it comes to the crypto economy, but finding reliable … Read more
