Russian banking giant Sber is preparing to complete its first digital currency deal involving the bank’s proprietary digital asset platform.
The bank will conduct its first transaction involving digital financial assets on its digital asset issuance platform. The deputy chairman of Sber’s executive board Anatoly Popov, revealed Sber’s plans to complete such a deal on June 15th.
Sber claimed that it finally received registration from the country’s central bank following a series of registration delays.Sber has been struggling to register its digital asset issuance platform, initially expected to launch alongside its Sbercoin stablecoin by spring 2021.
While the latest news doesn’t directly mention the application of blockchain on Sber’s platform, it was noted that the bank is committed to exploring the technology.
