Russia's Sberbank to launch crypto wallet service this year

Sberbank, Russia's largest bank, plans to launch a cryptocurrency wallet and digital custody services by the end of the year. According to CoinDesk, the bank will add these services to its Sberbank Online and SberInvestments platforms after Russia officially implements a new cryptocurrency regulation law in September. The wallet service will allow Sberbank customers to use cryptocurrencies from within the bank's own application.