🇷🇺 One of Russia’s largest state-owned banks is developing crypto-banking services for institutional clients

Russian state-owned bank Gazprombank has announced that it is planning to offer crypto related banking services for financial institutions, institutional clients, and corporations in the space. The bank, which is regulated in Switzerland, will require FINMA authorization to offer its planned crypto custody, investment, and payment services. According to the announcement the bank plans to release the services throughout 2019 as they are approved.

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