Russia’s Largest Banks are building Bitcoin and Crypto Portfolios

Russia’s Largest Banks are building Bitcoin and Crypto Portfolios
фото показано с : bitcoints.com

2018-6-18 10:31

Two of Russia’s largest banks are piloting cryptocurrency portfolios for their private clients, the Kommersant newspaper reported Friday.
Sberbank, the main state-owned bank responsible for processing government employee paychecks, and Alfa Bank, the largest private bank in the nation, plan to enter crypto trading with the help of the AddCapital investment fund, the National Settlement Depository and Group IB.
“Our goal is to speed-up the recognition of the digital assets as legitimate financial assets as soon as possible,” said Anton Rakhmanov, manager of Alfa Bank’s private banking branch.
The portfolio will include the six most popular cryptocurrencies, including bitcoin, bitcoin cash, ethereum and litecoin.
While testing the portfolio process will take roughly 45 days, the specific dates have not been disclosed.

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