Russia’s Sberbank executes first digital asset issue on its platform

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Reuters UK

MOSCOW (Reuters) – Russia’s dominant lender Sberbank on Saturday said it had carried out the first digital financial asset transaction on its own platform, with its subsidiary SberFactoring executing a 1-billion rouble ($16 million) issue with three-month maturity. The Bank of Russia has long voiced scepticism over cryptocurrencies, but is more open to other digital assets and gave blockchain platform Atomyze Russia the first licence to exchange digital assets. No.2 lender VTB and fintech company Lighthouse carried out the country’s first cash-backed digital financial asset transaction in late…

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