Largest Russian Bank Seeks Permission to Launch Blockchain

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Sberbank, the largest Russian state-owned lender, has applied to the country’s central bank seeking approval for launching a blockchain-based platform that will allow the bank to launch its own digital currency.
As reported by local news outlet Interfax, the application was filed in early January, and, if the lender receives the regulator’s green light without any hurdles, it is planning to launch the decentralized platform by spring.
“Technologically, the bank is ready to work with such fiat currency, we have tested it inside and saw that this solution works,” Sberbank’s Deputy Chairm

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