Russia’s Central Bank Authorizes Sberbank to Exchange Cryptocurrencies
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Russia’s central bank has authorized Sberbank to exchange cryptocurrencies, marking a limited expansion of crypto services through a major state-backed bank. The move signals greater institutional access to crypto in Russia, but does not by itself establish broader adoption or a change in Bitcoin’s legal status. For Bitcoin, the key implication is a potential increase in regulated access and trading infrastructure within the country.
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