Russia's Biggest Bank Sberbank Wins Approval to Trade Bitcoin

The Bank of Russia has added Sberbank to its register of organizations authorized to exchange digital currencies, clearing the country's largest lender to buy and sell crypto in its own name and with its own money. The decision was posted on the regulator's website, Russian outlet Interfax reported. The approval landed six days after the central bank put Sberbank on its separate list of digital depositories, the firms that keep the official record of who owns which coins.