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Bank of Russia Allows Sberbank to Issue Digital Financial Assets
18.3.2022
Sberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions over the war in Ukraine, including limiting Moscow’s access to the global financial market....
Sberbank, Others Granted Right to ‘Issue & Exchange’ ‘Digital Financial Assets’ in Russia
18.3.2022
Russian regulators appear to be fast-tracking domestic companies’ efforts to become home-grown token exchanges – with the Central Bank approving the banking and IT giant Sberbank’s application to become an official “digital financial assets” (DFA) issuer.
Back in January, Sberbank asked...
Central Bank of Russia issues digital asset license to Sberbank in apparent policy reversal
17.3.2022
The entity had previously called for the government to ban cryptocurrencies in Russia
Visa and Mastercard Suspend Operations in Russia as Part of Sanctions Over Ukraine
7.3.2022
The world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation although Russians will be able to use their cards inside the country....
Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K
28.2.2022
Amid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that ruble (RUB)-denominated bitcoin volume reached close to 1.5 billion rubles four days ago, on February...
Russia to seize retail deposits if sanctions go too far, official warns
24.2.2022
Russia’s largest bank, Sberbank, has denied its own supposedly false statement on being included in the U.S. sanctions list on Thursday
Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition
14.1.2022
The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with services and solutions for digital financial assets. Tinkoff Bank Buys Stake in Aximetria TCS Group...
Owner of Russian bank Tinkoff acquires Swiss digital asset firm
12.1.2022
Russian banks have been increasingly moving into the digital asset market despite the Bank of Russia's hostility toward crypto
Sberbank Launches First Blockchain ETF in Russia
2.1.2022
Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces...
Russian bank Sber launches blockchain ETF tracking Coinbase, Galaxy Digital
30.12.2021
Called “Sber — Blockchain Economy,” the ETF will trade under the ticker SBBE and track major crypto companies
Bank of Russia to ban mutual funds from investing in Bitcoin
13.12.2021
Mutual funds in Russia will not be allowed to provide crypto exposure to qualified or unqualified investors
Russia’s largest bank struggles to register its digital asset platform
7.12.2021
State-owned bank Sber is trying to launch digital asset tools, but regulators remain skeptical about the industry
Russian Sberbank plans to register its digital asset tool in September
2.9.2021
As the largest banking and financial institution in Russia and one of the world’s biggest public companies, Sber’s move into digital assets is a significant one
Russia to Track Crypto Transactions With Help From Sberbank-Owned Company
5.8.2021
The Federal Financial Monitoring Service of Russia is going to start tracking cryptocurrency transactions. The agency has already selected a contractor to develop the platform. The entity is affiliated with one of Russia’s largest financial institutions, Sberbank. Rosfinmonitoring to Keep...
Russia grants $200K to build tool for tracing crypto transactions
4.8.2021
A Russian company indirectly backed by Russia's largest bank will build a crypto tracking platform as part of a $200,000 procurement contract
Court Orders Russia’s Sberbank to Unblock Crypto Trader’s Accounts
3.8.2021
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...
Russian court orders Sber to unblock account used for Bitcoin trading
3.8.2021
According to the court, Sber had no reason to keep the account service blocked after the client provided detailed information about his Bitcoin trades
Bitcoin inheritance tool to use cloud service by Russian Sberbank
29.7.2021
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
Bank of Russia to Study Risks of Crypto Investing With Banks and Payment Providers
3.7.2021
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...
CEOs of top Russian banks Sberbank and VTB blast Bitcoin
4.6.2021
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