Russia’s dominant lender Sberbank on Saturday said it had carried out the first digital financial asset transaction on its own platform, with its subsidiary SberFactoring executing a 1-billion rouble ($16 million) issue with a three-month maturity.
The Bank of Russia has long voiced suspicion over cryptocurrencies, but is more unrestricted to other digital aids and gave blockchain platform Atomyze Russia the first licence to exchange digital assets.Sberbank, which received its licence in March, said in a report that digital assets are published on its platform using blockchain technology and smart contracts.