The Association of Russian Banks (ARB) has submitted proposals to soften pending cryptocurrency legislation and expand the range of digital assets permitted for trading in Russia, according to reports by RBC and Bits.media. The advocacy comes after lawmakers also criticized the draft "On Digital

Sberbank, Russia’s largest lender, has begun testing decentralized finance (DeFi) tools, as interest in cryptocurrencies continues to grow among its customers. In an interview with Russian business outlet RBC, Anatoly Popov, a deputy chair of Sberbank’s management board, confirmed the bank is