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Banking Giant Sberbank May Launch Token, Digital Asset Trading Platform


Source: iStock/-lvinst- Leading Russian lender Sberbank has hinted that it is on the verge of issuing its own cryptoasset and will seek to launch a blockchain-based platform that will enable its customers to buy digital financial assets. The token will be named Sbercoin, and Herman Gref, President...

Sberbank to Roll out 5,000 Apple&Google Pay-compatible Blockchain ATMs


Major banks in Russia are looking to do away with plastic card-powered personal finance – and are turning to blockchain to boost contactless transactions in the wake of the coronavirus pandemic. The banks are being led by blockchain-keen Sberbank, which has just bought around 5,000 contactless ATMs...

Russia’s Sberbank Takes on Crypto with Cross-border Money Transfer App


Source: iStock/-lvinst- Russian major bank Sberbank has introduced a new low-cost, cross-border remittance solution that it believes will be able to compete with cryptocurrency for cross-border transactions. The bank, once the Russian financial sector’s fiercest advocate of cryptocurrencies...

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