The Russian banking giant Sberbank is getting into the cryptocurrency trading business. According to a release, the bank will begin providing crypto asset services to its customers this month.
This exciting new phase in the bank’s continuous foray into cryptocurrency is expected to take place in the coming weeks. In particular, the financial institution will soon permit customers to trade bitcoin and other cryptocurrencies.
Sberbank’s deputy board chairman Anatoly Popov said the bank is prepared to launch cryptocurrency-related services. Customers can purchase, sell, and trade digital goods. Soon, the bank will begin issuing digital financial assets (DFA) transactions.
JUST IN: Russia’s largest bank, Sberbank, to offer #crypto trading services.
— Watcher.Guru (@WatcherGuru) June 8, 2023
Sberbank Makes Foray Into Digital Assets Trading
To paraphrase what Popov wrote in his original post:
“If we’re talking about consumers, then we anticipate that this feature will become
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