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Russia approves first cryptocurrency exchanges and custodians,Sberbank plans to December launch crypto products

PANews October 7 news, according to Cointelegraph, the Central Bank of Russia announced that it has has, pursuant to September 1 new crypto regulatory rules that took effect, registered the first cryptocurrency trading operators and digital asset custodians, including Russia’s largest bank Sberbank. The first list includes 4 trading operators and 5 custodians,VTB which were also included on both lists.Sberbank stated that it had applied for digital asset custodian status and planned to December 1 launch its first crypto products, initially supporting Bitcoin, Ethereum, and USDT, with services provided through platforms including SberBank Online, SberInvestments, and SberBusiness. The registration took place after Russian President Vladimir Putin August signed the crypto regulatory bill, which established a framework covering trading platforms, custodians, brokers...