Sberbank Targets Early December Crypto Wallet Launch Following September Digital Asset Law Enactment

According to RBC reported Monday, Sberbank, Russia's largest bank by assets, targets launching a cryptocurrency wallet and digital asset depository by early December following the expected enactment of the country's digital asset law on September 1. First Deputy Chairman Kirill Tsarev said Sber aims to launch the crypto wallet within months of the legislation taking effect. Sberbank controls approximately one-third of all banking assets in Russia and is majority-owned by the Russian government.
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