Crypto-Exchange To Be Launched By Russia’s Largest State Bank

in #cryptocurrency • 7 years ago

According to a report released by a local Russian media group RBC on Tuesday Jan 30, Sberbank – the largest state bank, will be opening up a digital currency exchange in Switzerland – more precisely in its Swiss branch Sberbank Switzerland AG.

Andrey Shemetov – the bank’s Head of Global Markets, stated that Switzerland was decided to be the location because of the Russian officials not allowing crypto-operations, in contrary to Switzerland where crypto-exchange is legal.

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#economy #altcoin #business
7 years ago in #cryptocurrency by
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