Russia’s Sberbank offers Bitcoin-linked bonds

From Cointelegraph

June 3, 2025 12:12 am:

Russia’s largest bank, Sber, launches Bitcoin-linked bond product tracking BTC price and USD/RUB exchange rate. Available to qualified investors, listing planned on Moscow Stock Exchange. Transactions in rubles within regulatory framework, no need for crypto wallets. Sber to offer exchange-traded products on SberInvestments platform, starting with Bitcoin futures. Central bank permits financial institutions to offer certain crypto products to accredited investors, but not cryptocurrencies directly. T-Bank introduces investment product tied to Bitcoin price, issued through Atomyze platform. Russian residents hold $9.2 billion worth of crypto on centralized exchanges, with inflows rising 51% to $81.5 billion. Bitcoin dominates Russian crypto exchanges at 62%, followed by Ether at 22% and stablecoins like Tether and USDC.

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