Russia’s Largest Banks Are Piloting Bitcoin and Crypto Portfolios
Two of Russia's largest banks are planning to launch a cryptocurrency portfolio product for their private banking clients, Kommersant reported.
Sberbank
Russia's largest retail bank is launching a Hyperledger-powered blockchain for trade finance initially, and may add a ruble-linked stablecoin next year
Sberbank, Russia's largest bank, bought about $15 million worth of accounts receivable from commodity giant Trafigura using a Hyperledger blockchain.
Russia's largest retail bank has applied to become a licensed digital assets issuer.
Enterprise blockchain project Masterchain is falling short of expectations – and Russia's largest bank is looking for other options.
Russia’s Sberbank has settled a three-way repurchase agreement using blockchain tech, calling it a "world's first."
Sberbank
