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Russian banking

VTB Factoring Takes the Plunge into Digital Finance with Groundbreaking Tokenized Deal

VTB Factoring advances digital finance with its first tokenized debt pool acquisition, reshaping the Russian banking landscape.

TCS Group Expands Digital Footprint with Major Investment in Aximetria

TCS Group is making waves by investing in Aximetria, marking a significant shift into digital assets amid regulatory hurdles in Russia.

Sberbank’s Bold Leap into DeFi: What to Expect from Russia’s Largest Bank

Sberbank is set to launch its DeFi platform by May 2023, merging traditional banking with decentralized finance.

Gazprombank Sets Sights on Cryptocurrency Custody with Swiss Approval

Gazprombank receives Swiss approval to offer cryptocurrency custody services, starting with Bitcoin for select clients, amidst Russia’s skeptical stance on crypto.