“Online reports suggest that Sberbank CEO Herman Gref was bullish on virtual currencies during a discussion with journalists in Moscow this week. If there is demand for a virtual currency, the bank could move in that direction, he said.   Gref is also said to have singled out Yandex Money as a first step in the direction of a virtual currency. While not itself classified as money, Yandex is an Internet payment system popular in Russia, and is supported as a payment mechanism by organisations including Skype.  Any endorsement of virtual currency by Sberbank would be a significant boost for its prospects in Russia and elsewhere.”

http://www.coindesk.com/ceo-russian-sberbank-endorses-virtual-currencies/

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