[Russia's Largest Bank Sberbank Approved to Trade Bitcoin and Other Cryptocurrencies, Launching Related Products on December 1] Odaily Planet Daily News – On October 12, the Bank of Russia included Russia's largest bank, Sberbank, in the registry of institutions authorized to trade digital currencies, allowing it to buy and sell cryptocurrencies under its own name and funds. Six days earlier, Sberbank had already been listed as a digital custody institution. Sberbank plans to launch its first batch of cryptocurrency products starting December 1 on SberBank Online, SberInvestments, and SberBusiness, initially supporting Bitcoin, Ethereum, and USDT issued by Tether. The specific launch date depends on the Bank of Russia's decision and the preparation of supporting regulations. According to relevant laws, retail investors can trade up to 300,000 rubles annually through a single intermediary institution and must pass a knowledge test; using cryptocurrencies for payments within Russia remains illegal. (Decrypt)