Russian regulators appear to be fast-tracking domestic companies’ efforts to become home-grown token exchanges – with the Central Bank approving the banking and IT giant Sberbank’s application to become an official “digital financial assets” (DFA) issuer.
Back in January, Sberbank asked the Central Bank to grant it the right to issue a stablecoin for its corporate clients – but the new permit will also allow Sberbank to offer “digital asset” exchange services….
Read More: Sberbank, Others Granted Right to ‘Issue & Exchange’ ‘Digital Financial Assets’ in Russia