There is no technical reason preventing Russia from creating its own blockchain-based system, blockchain provider Fuse Network’s CEO believes.
Russia’s Sberbank plans to launch DeFi platform on Ethereum
DeFi systems are able to displace the traditional market of banking services, Sber’s Blockchain Lab product director Konstantin Klimenko said.
Russia’s largest bank issued gold-backed digital financial assets
The issuance became the second major operations of the bank with the new class of assets.
Russia’s Sber bank integrates Metamask into its blockchain platform
Russia’s largest lender is moving into DeFi and Web3 by integrating its blockchain platform with the Ethereum blockchain.
Russian bank Sber to complete its first digital currency deal
Sber was initially planning to launch its blockchain-enabled digital asset platform and the Sbercoin stablecoin by spring 2021.
Central Bank of Russia issues digital asset license to Sberbank in apparent policy reversal
The entity had previously called for the government to ban cryptocurrencies in Russia.
Russia to seize retail deposits if sanctions go too far, official warns
Russia’s largest bank, Sberbank, has denied its own supposedly false statement on being included in the U.S. sanctions list on Thursday.
Owner of Russian bank Tinkoff acquires Swiss digital asset firm
Russian banks have been increasingly moving into the digital asset market despite the Bank of Russia’s hostility toward crypto.
Russian bank Sber launches blockchain ETF tracking Coinbase, Galaxy Digital
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
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
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
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 grants $200K to build tool for tracing crypto transactions
A Russian company indirectly backed by Russia’s largest bank will build a crypto tracking platform as part of a $200,000 procurement contract.
Russian court orders Sber to unblock account used for Bitcoin trading
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
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.
CEOs of top Russian banks Sberbank and VTB blast Bitcoin
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.
Russia’s Sber Bank Files to Launch Its Own Stablecoin
Russia’s largest retail bank has applied to become a licensed digital assets issuer.
Russia’s Sberbank Launches Blockchain on Hyperledger, Mulls Stablecoin in 2021
Russia’s largest retail bank is launching a Hyperledger-powered blockchain for trade finance initially, and may add a ruble-linked stablecoin next year
Russia’s Largest Bank Buys $15 Million in Debt Using Hyperledger Blockchain
Sberbank, Russia’s largest bank, bought about $15 million worth of accounts receivable from commodity giant Trafigura using a Hyperledger blockchain.
Russia’s Largest Bank Is Quitting Central Bank’s Blockchain Project
Enterprise blockchain project Masterchain is falling short of expectations – and Russia’s largest bank is quitting in frustration.