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New reports suggest a “Russian Bitcoin” developed by banking partners will be the country’s only freely exchangeable cryptocurrency.
The head of Russia’s Sberbank has said he foresees commercial Blockchain implementation by the end of 2019.
Businesses, state authorities and members of Blockchain community gathered last week to draw preliminary conclusions about regulation of cryptocurrencies in Russia.
In 2017, the biggest Russian bank Sberbank is planning to integrate robot-lawyers, axing 3000 specialists.
A large amount of legitimate businesses globally have opened up to the digital currency. Slowly, but rather persistently, Bitcoin is getting accepted in Russia as well.
November 10, representatives of IBM, Microsoft, QIWI and Sberbank will gather in Moscow to discuss challenges related to digitizing of fintech sector and its transition to blockchain.
Russia’s largest state-owned bank Sberbank is officially accepting Bitcoin payments in a cafe located in its headquarters in Moscow, despite confusion in the legality of the digital currency.
In the heart of Silicon Valley which booms with innovation, Russia’s largest bank, Sberbank has announced the developing and testing of a new mobile application for conversational commerce - Sberbank Messenger.
Sberbank, the biggest bank in Russia might adopt blockchain technology in the future.
While a new digital currency proposed by payments services company Qiwi, dubbed the BitRuble, has led to harsh criticism from a top Russian official, the head of the country’s largest bank Sberbank has admitted to owning bitcoin.
The first comment from the Russia was voiced by the CEO of Sberbank Herman Gref. The bank can be considered as the biggest and leading bank, setting the trend for the rest financial institutions in the country.
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