Regulation· ★★★★· bullish·

Sberbank Wins Russian Crypto Exchange Authorization Ahead of December Launch

  • —Sberbank received authorization for a crypto exchange, launch set for December
  • —The offering covers BTC, ETH and USDT via the bank's existing apps
  • —Non-qualified investors face mandatory testing and purchase caps
Why it matters: Russia's largest bank entering crypto under state oversight sets the template for retail access to digital assets in the country.
Source: The Defiant