“Switzerland has an open policy towards cryptocurrencies. Indeed, Sberbank has decided to open a cryptocurrency exchange in Switzerland and not in Russia because of the regulations and prohibitions. The report explains that Sberbank is not planning to offer its services to retail investors but it will be for institutional investors. That means that only legal entities will be able to use the cryptocurrency exchange.”

Read more: https://usethebitcoin.com/russian-state-bank-will-open-cryptocurrency-exchange-europe/

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