Russia’s Largest State Bank To Open Cryptocurrency Exchange In Europe

Оригинал: https://cointelegraph.com/news/russias-largest-state-bank-to-open-cryptocurrency-exchange-in-europe

Sberbank, the largest state bank of Russia, is planning to launch a cryptocurrency exchange in its Swiss branch, Sberbank Switzerland AG, local media group RBC reported on Tuesday Jan. 30.

The bank’s Head of Global Markets Andrey Shemetov told RBC that the Russian bank chose Switzerland for the exchange location because Russian authorities do not currently allow cryptocurrency operations, while cryptocurrency exchange is legal in Switzerland.

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