Russian Central Bank Grants “Digital Asset License” to Sberbank

Russia’s largest bank, Sberbank, announced that it has obtained a license from the Central Bank of Russia (CBR) to issue and exchange digital assets.

Russia, about 2 months ago prohibit trading and mining of cryptocurrencies was defending. However, after the implementation of sanctions by many countries with the Ukraine crisis, Russia granted a digital asset license to Sberbank and to reduce the impact of sanctions. it is thought to be working.

Sberbank, a bank of the Russian state, was taken over by the USA after the tension between Russia and Ukraine. One of the biggest targets of sanctions became one. Also, at the beginning of March, due to EU sanctions, all Removed from the European market and therefore its shares on the London Stock Exchange %99 drops lived.

At the beginning of 2021, Sberbank will offer its own corporate customers. your digital token license to the Central Bank of Russia to issue had applied. After these developments, it is estimated that Sberbank will be able to obtain this license. In addition, Sberbank CEO announced in 2020 his own crypto by taking out their money relevant with JPMorgan bank He stated that they were working.

Sberbank Applied to Issue Digital Currency

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