Sberbank to launch crypto wallet after Russia's digital currency law takes effect

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Russia's largest bank, Sberbank, is planning to introduce cryptocurrency wallet services for its customers. The wallets will be integrated into its existing platforms, Sberbank Online and SberInvestments. The move is contingent on the enactment of Russia's 'On Digital Currency and Digital Rights' bill, which is expected to take effect in September. The development signals a broader regulatory clearing of the path for crypto services in the Russian market.

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