Sberbank plans to launch a blockchain platform that will enable users to acquire digital financial assets (DFA). The disclosure came from Sberbank chief Herman Gref during an online presentation as part of the investor day.
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The new platform is planned for launch after the DFA law comes into effect.
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“From January 1, the relevant law comes into effect. We want to bring to market our new blockchain platform, which will offer DFA-purchasing services. From the outset, we plan to enable the purchase of ‘green’ instruments,” he said.
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He also flagged the possibility that Sberbank could issue its own stablecoin in 2021:
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“We have all the groundwork on this topic and it is quite possible that we will begin experimenting next year with the production of our own currency — the so-called Sbercoin.”
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Earlier it was reported, that Sberbank could issue a ruble-pegged stablecoin for settling other digital assets.
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As noted, in July 2020 the State Duma passed the law on DFAs after several years of work.
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In November, Russian Prime Minister Mikhail Mishustin said that Russian authorities would direct the development of cryptocurrencies onto a “civilised path.” Later the government approved a bill on the procedure for providing tax reporting for cryptocurrency transactions.
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