Sberbank to Offer Crypto Trading Services to Customers, Defying U.S. Trend

Sberbank which is Russia’s largest bank has announced its plan to offer crypto trading services to its customers in a surprising move that contradicts the pressure on the crypto industry in the United States . This development marks a significant step forward for the adoption of cryptocurrencies Russia and highlights a diverging approach to regulation when compared with the U.S . Let’s explore the details of this bold move in detail .

Sberbank’s Crypto Trading Services Arriving

Reports suggest that Sberbank will begin offering digital asset services to its already-existing customers starting this month . The bank had originally planned to introduce crypto buying services in April of last year but later postponed it . Now with the announcement Sberbank customers will have access to crypto trading services and the ability to engage in digital financial asset (DFA) operations .

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