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Sberbank approved as crypto custodian

Russia's largest bank Sberbank was officially approved as a crypto custodian to launch Bitcoin, Ethereum and USDT products.

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Key points

  • Sberbank, Russia's largest bank, was officially approved as a crypto custodian.
  • Sberbank is to launch Bitcoin, Ethereum and USDT products.

Key points and the reaction summary are written by AI from the posts on this page. Check the original post. How we use AI

Original post

Watcher.Guru @WatcherGuru 4.9M followers

JUST IN: 🇷🇺 Russia's largest bank Sberbank officially approved as crypto custodian to launch Bitcoin, Ethereum and USDT products.
2,794likes 336reposts 146replies 295.1Kviews

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Reaction on X: Most replies welcomed the news as another big step for crypto, while one commenter questioned how far the custodian model differs from holding an IOU and another asked about Solana and XRP. The original poster did not respond.

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From @randgroup, @zelcore_io, @Coachkcrypto and others. Spam removed, with English and Chinese translations.

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