Russia’s Central Bank Authorizes Sberbank to Exchange Cryptocurrencies

Russia's central bank has authorized Sberbank, the country's largest bank, to exchange cryptocurrencies, with bitcoin-related products set to debut in December. This marks a significant shift in Russia's stance toward digital assets and opens a major institutional gateway for crypto trading in the region. Traders may view the move as a bullish signal for bitcoin adoption and liquidity, though the scope of the authorization remains unclear.