by aria-ratings.com
June 2, 2025 at 13:55
Russia's Sberbank Introduces Bitcoin-Linked Structured Bonds
Sberbank, the largest financial institution in Russia, has launched a new structured bond that is linked to the price of Bitcoin.
These bonds will allow investors to gain exposure to Bitcoin and the dollar-to-ruble exchange rate in a legal framework.
Qualified investors can purchase these instruments over the counter without the need for a crypto wallet or access to foreign exchanges.
Transactions will be processed entirely in rubles, ensuring compliance with Russia's financial regulations.
Additionally, Sberbank plans to list similar crypto-linked products on the Moscow Exchange.
This initiative coincides with the Bank of Russia's recent approval for financial institutions to offer cryptocurrency-related instruments.
Starting June 4, Sberbank will also introduce a Bitcoin futures product through its SberInvestments platform.
This move reflects a significant advancement in incorporating cryptocurrencies within traditional banking systems in Russia.
Sberbank’s actions may signal a growing acceptance of digital assets amid evolving regulatory landscapes.
As cryptocurrencies gain traction globally, Sberbank's offerings could attract more investors looking for diversified financial products.
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