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Russia’s Sberbank Tests DeFi Tools Amid Close Regulatory Oversight

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Russia’s Sberbank Tests DeFi Tools Amid Close Regulatory Oversight

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 piloting multiple DeFi-related solutions.

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