Russia’s Sberbank Given Green Light to Custody Bitcoin
Bitcoin Magazine Russia’s Sberbank Given Green Light to Custody Bitcoin Russia’s largest bank has announced it is the first in the country to have been approved to custody bitcoin. Sberbank said in an announcement Wednesday that the Bank of Russia gave the company the green light for “digital currency record-keeping” and to facilitate the transfer of such assets. It said that bitcoin and other, smaller […] This...
What happened
Bitcoin Magazine Russia’s Sberbank Given Green Light to Custody Bitcoin Russia’s largest bank has announced it is the first in the country to have been approved to custody bitcoin. Sberbank said in an announcement Wednesday that the Bank of Russia gave the company the green light for “digital currency record-keeping” and to facilitate the transfer of such assets. It said that bitcoin and other, smaller […] This...
Why it matters
The development may change operating conditions or market expectations around Bitcoin. Further confirmation and measurable outcomes matter.
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2 reports · 1 original report · 1 independent
- Bitcoin MagazinePrimary source · Supports · EN · 100%Russia’s Sberbank Given Green Light to Custody Bitcoin ↗
- Bitcoin MagazinePrimary source · Supports · EN · 50%Jack Dorsey’s Block Gifts One Bitcoin to Lucky ComplexCon Attendee ↗
Claims
- Russia’s Sberbank Given Green Light to Custody Bitcoin Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported