Russia's Sberbank gains approval for cryptocurrency trading services

·1 views

Sberbank, Russia's largest bank, has received regulatory approval to trade digital assets. The bank plans to make cryptocurrency trading available to all its clients starting December 1. It is currently testing trades involving Bitcoin, Ethereum, and Tether within its mobile application. This move marks a significant entry of a major traditional financial institution into Russia's crypto market.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Bitcoin Layer-2 Token STX Gains 50% Over Four Weeks

The STX token, native to the Bitcoin layer-2 network Stacks, has increased in value by 50% over a four-week period. This surge in price was reported by CoinDesk on October 13, 2026. The report provided a forward-looking market analysis for that date. The price movement highlights significant volatility and growing interest in Bitcoin's secondary scaling solutions.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Bitcoin and Ether recover after dip as South Korean stocks slide on AI concerns

Bitcoin and Ether declined but then rebounded Monday. The movement coincided with a slide in South Korean stock markets, driven by investor concerns related to artificial intelligence. Investors are also positioning themselves ahead of major U.S. bank earnings reports due later that day. Further market attention is focused on upcoming U.S. inflation data scheduled for release on Wednesday.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Bitcoin Volatile Above $81K as Altcoins Decline Amid Earnings

Bitcoin experienced significant price swings, trading between $81,000 and $84,000. Several altcoins, including ZEC, HYPE, and SOL, recorded notable losses. The market movements coincided with the start of the U.S. earnings season, where JPMorgan's stock price declined. This created a volatile trading environment for major cryptocurrencies.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Bitcoin holds steady as South Korean chip stocks slump on AI concerns

South Korean stock markets experienced a sharp selloff on Monday, led by major chipmaking companies. The decline was driven by investor concerns over the costs of artificial intelligence development and increasing competition from China. In contrast, the price of Bitcoin remained stable, holding significantly above its lows from earlier this summer. The divergence highlights differing market sentiments toward traditional tech equities and the cryptocurrency.

0 comments Read more at CoinDesk