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According to TASS, Ruslan Vesterovsky, Senior Vice President and Head of Wealth Management at Russia’s largest bank, Sberbank, said at the Moscow Exchange Forum that once the relevant regulations are rolled out and organized trading is launched, the bank will be ready to offer clients crypto asset trading services.
He said that exchange-traded trading will bring liquidity to the market and lower spreads, and that traditional financial infrastructure already has the capability to support crypto trading, including margin trading and investment strategies (covering AI-based strategies), and that it can rely on mature systems to provide secure and reliable services for clients.