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Sberbank plans December 1 crypto rollout for its 110 million retail customers

By Randa Moses

Sberbank plans to put Bitcoin, Ether and USDT in front of 110.6 million retail clients on December 1st, after the Bank of Russia cleared it to trade crypto.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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