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The largest bank in Russia Sberbank has suspended crypto plans given the central bank’s …

The largest bank in Russia Sberbank has suspended crypto plans given the central bank’s disapproval

Russian central bank and local regulators are said to not be in favour of crypto-related adoption at present. Sberbank had been planning on entering the space, however, has now halted plans. Sberbank, Russia’s largest bank, the state-owned bank announced that it has now taken action in suspending their crypto-related business plans.








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