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Russia’s Sberbank ditches crypto plans after central bank warnings

Russia’s Sberbank ditches crypto plans after central bank warnings – CoinGeek

The largest private bank in Russia has reportedly dropped its plans to work with cryptocurrency following repeated warnings from the country’s central bank. According to a TASS report, Sberbank will no longer pursue its plans, which were originally unveiled to great fanfare, following the negative stance adopted towards cryptocurrencies by the Bank of Russia.