Russia's Biggest Bank Sberbank Wins Approval to Trade Bitcoin

Russia's largest bank, Sberbank, has received approval to trade Bitcoin, Ethereum, and USDT, expanding its services to 110 million retail clients. This move comes as Russia continues to explore and regulate the cryptocurrency market.

The approval allows Sberbank to hold both custody and exchange status under Russia's new crypto law, indicating a significant step in the country's embrace of digital assets.