Russia’s largest lender, Sberbank, has applied to the national financial regulator to set up a blockchain platform for its own digital token called Sbercoin. The project may be launched as early as this spring.
Sberbank sent the application for the platform to the Central Bank of Russia at the beginning of the year, Director of the Transaction Business Division Sergey Popov revealed earlier this week. He said that the registration was required by the law on digital financial assets, which came into force in Russia on January 1.
Continue reading https://on.rt.com/b070