Sberbank

Russia's biggest bank, Sberbank, plans to launch a Bitcoin and crypto wallet plus digital asset custody by December as the country rolls out its new crypto framework.

Sberbank will provide access to crypto trading once regulation and organized exchange trading begin, Senior Vice President Ruslan Vesterovsky said.

Sberbank would act as a custodian, guaranteeing the security of assets and providing safeguards against hacking and unauthorized access.

Sberbank, the largest bank in Russia, has launched a new structured bond that ties investor returns to the performance of Bitcoin and the U.S....