Alfa-Bank Launches Crypto Trading Tests in Russia
The post Alfa-Bank Launches Crypto Trading Tests in Russia appeared on BitcoinEthereumNews.com. Russia’s largest private bank, Alfa-Bank, is reportedly preparing to offer cryptocurrency services as the country continues developing a legal framework for the digital asset market. Dmitry Vitman, chief operating officer of Alfa-Bank’s corporate and investment banking division, said the bank plans to roll out a suite of crypto services once the relevant digital asset legislation takes effect, Russian publication RBC reported on Wednesday. The announcement comes as Russia’s largest banks prepare for a regulated crypto market, with Sber, VTB and T-Bank also outlining crypto plans amid progress on the country’s digital asset legislation. Alfa-Bank begins testing cryptocurrency trading service According to a separate RBC report, Alfa-Bank has started testing cryptocurrency trading through its Alfa-Investments brokerage app with a limited group of qualified investors. The test version reportedly