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Russia’s Sberbank is testing DeFi products to meet crypto demand


Russia’s Sberbank is testing DeFi products to meet crypto demand

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Sberbank, Russia's largest bank, is testing decentralized finance (DeFi) products and plans to launch digital asset services in collaboration with regulators. Deputy chair Anatoly Popov expressed confidence in the integration of traditional banking with DeFi.

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Russia’s largest bank, Sberbank, has begun testing decentralized finance (DeFi) products. The bank’s deputy chair of the management board, Anatoly Popov, told Russian media outlet RBC the firm will soon “launch digital asset services in collaboration with regulators.”  In a recent interview with RBC, Popov stated that he is “confident that traditional banking and DeFi […]
Read the article at CryptoPolitan

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