Sberbank Unveils Bitcoin-Linked Bonds as Russia Embraces Digital Assets

Russia’s largest commercial bank, Sber, has launched a new Bitcoin-linked bond product for qualified investors, marking a significant step in the country’s burgeoning adoption of digital assets. This offering allows individuals to gain exposure to both Bitcoin price fluctuations and the exchange rate between the US dollar and Russian ruble within Russia’s regulated financial system. 🇷🇺 Sber’s move comes amid growing interest in cryptocurrency within Russia.