Sberbank Aims To Have Own DeFi Platform Up And Running By May

One of the significant proponents of Blockchain technology, Sberbank, aims to launch a Decentralised Finance (DeFi) platform within the next few months. According to a [...]

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Russia’s Sberbank Launching its Own Ethereum DeFi Platform

Russia’s biggest bank is working on its DeFi platform, allowing users to perform regular banking operations.

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Russia’s Largest Bank to Launch Ethereum-Compatible DeFi Platform

Russias various financial institutions and banking entities dont always see eye-to-eye on the subject of cryptocurrencies. Sberbank, the nations largest bank, is one of the biggest proponents of the technology,...

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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.

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Sber Bank's blockchain technology uses Metamask

Russia's biggest lender integrates its blockchain technology with Ethereum to enter DeFi and Web3. The connection lets users utilize Sber's tokens and smart contracts. Sberbank is developing blockchain goods. It requested a blockchain platform for its "Sbercoin" stablecoin from the Bank of Russia in 2021. (Read More)

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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.

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Sbercoin, Russia’s largest bank trills out its cryptocurrency

Following the invasion of Ukraine, Russia’s largest bank, Sberbank, launched its own native cryptocurrency, the Sbercoin. Russia has been battered by a barrage of sanctions since its invasion of Ukraine. It was eventually cut off from the majority of its foreign currency reserves as well as the global financial system. In the midst of it all, Russia’s largest […]

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Russia’s Biggest Bank Rolls Out Its Native Cryptocurrency

Russia’s biggest lender Sberbank has launched its own cryptocurrency-Sbercoin [SBER] in an effort to steer its struggling economy that has been badly beaten down by a host of sanctions since its war with Ukraine. The move reflects the nation’s struggle to meet dollar-denominated debt obligations, In early March, trading in Sberbank came to a halt […]

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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.

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Russian Sberbank launches a blockchain-based ETF

Sberbank, one of the leading banking institutions in Russia, has announced the launch of an exchange-traded fund (ETF) focusing on blockchain. The ETF will track [...] [...]

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Sberbank Launches Russia’s First Blockchain-Focused ETF

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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.

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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.

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Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says

Blockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank. Russia’s largest bank is working with other financial institutions to develop blockchain-based payment applications, the banker revealed. Sberbank Sees Solution to Russia’s Troubles With Settlements in Blockchain With major Russian banks disconnected from the main global interbank payment [...]

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Sberbank Executive Touts Blockchain for Russia

Sberbank executive Alexander Vedyakhin believes blockchain technology could help Russia solve current settlement issues, offering new capabilities for payment systems. (Read More)

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Blockchain is the answer to Russia’s settlement issues, banking exec says

There is no technical reason preventing Russia from creating its own blockchain-based system, blockchain provider Fuse Network’s CEO believes.

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Russia Sberbank’s Move To Allow Cryptocurrency Trading Could Have Far-Reaching Impacts

Russia’s largest bank, Sberbank, is preparing to allow Russian citizens to buy and sell digital assets. This move could have far-reaching impacts on the cryptocurrency industry, as well as on other countries that have been critical of cryptocurrencies. Sberbank’s decision has good significant implications especially judging from the country’s previous stance on cryptocurrencies. In the […]

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Russia’s Largest Bank to Allow Retail Investors to Trade Digital Assets

Majority state-owned lender Sberbank is preparing to allow Russian citizens to buy and sell digital assets. Private individuals will be provided access to its proprietary blockchain platform as early as this month, a top executive of the bank announced. Sberbank to Open Digital Assets Platform to Private Individuals Retail investors will be able to transact [...]

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Russia’s Largest Bank Set to Launch Crypto Trading Services

Sberbank, Russia’s largest bank, has announced that it is set to allow customers to trade crypto. The individuals will get

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Digital Assets for 1 Billion Rubles Issued in Russia in a Month

Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional capital. Russia’s Digital Assets Market Livens Up as Capital Markets Dry Up for Russian [...]

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