Russia’s Sberbank PJSC Forays Into the Digital Assets Space

by Aurelia Butler 18 March 2022, 12:02 99 Views

On March 17, Russia’s Central Bank granted Sberbank PJSC a license to issue and exchange digital assets. In detail, the Central Bank added Sberbank to the list of information system operators issuing digital financial assets (DFAs).

Sberbank’s digital assets platform will record and circulate any DFAs issued via an information system based on distributed ledger technology (DLT). As a result, Sberbank ensures data security and makes data immutable.

Accordingly, companies will be able to avail the opportunities of Sberbank’s digital assets platform. These include:

Source: Cryptocurrency - investing.com

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Russia’s Sberbank PJSC Forays Into the Digital Assets Space

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