Sberbank Secures Approval to Launch Bitcoin Trading in December

Sberbank , Russia’s largest bank, has received authorization from the Bank of Russia to trade cryptocurrencies and is preparing to launch trading services for Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) in December. The bank appears in the regulator’s updated register, which now includes ten authorized cryptocurrency exchanges and six digital asset custodians . A week earlier, the lists included four exchanges and five custodians. The regulations require cryptocurrency exchange operators and custody providers to register and operate under the supervision of the Bank of Russia .