{"id":35150,"date":"2021-01-21T18:35:54","date_gmt":"2021-01-21T16:35:54","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35150"},"modified":"2025-08-28T23:56:31","modified_gmt":"2025-08-28T20:56:31","slug":"sberbank-applies-to-issue-a-stablecoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/sberbank-applies-to-issue-a-stablecoin\/","title":{"rendered":"Sberbank applies to issue a stablecoin"},"content":{"rendered":"

In early January, Sberbank filed with the Bank of Russia for registration of a blockchain platform with the subsequent issuance of the stablecoin Sbercoin pegged to the ruble. Interfax reports<\/a>, citing the bank’s deputy chairman Anatoly Popov.<\/p>\n

The the Law on Digital Financial Assets (DFA)<\/a>, which took effect on 1 January 2021, allows registered platforms to issue new asset types.<\/p>\n

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\u201cTechnologically, the bank is ready to work with such an instrument; we tested it internally and saw that this solution works,\u201d said Popov.<\/p>\n<\/blockquote>\n

The registration procedure takes 45 days. If approved, the project could be launched in spring. Initially, it will be used to issue digital promissory notes.<\/p>\n

\n

\u201cWe are actively negotiating with the central bank and authorities regarding the regulation and taxation of digital financial assets, and stablecoins in particular. We expect that together we can develop a mechanism that will satisfy both business and the state,\u201d said Anatoly Popov.<\/p>\n<\/blockquote>\n

Also Sberbank plans to issue a unified digital wallet<\/a>, to which, among other things, bonus and loan accounts will be linked.<\/p>\n

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\u201cFor us, this is a major foundational project; it moves in parts because it is technologically complex. Every quarter we will add some functions,\u201d Kirill Tsarev, deputy chairman of the bank’s board, said.<\/p>\n<\/blockquote>\n

According to a top manager, the security level of this instrument will be at the highest level. The wallet’s full launch is planned by the end of 2021.<\/p>\n

Earlier in November 2020, Sberbank announced plans to launch a blockchain platform<\/a> for purchasing DFAs and confirmed intentions to issue its own digital currency<\/a>.<\/p>\n

Subscribe to ForkLog News on Telegram: ForkLog Feed<\/a> \u2014 the full feed, ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"

In early January, Sberbank filed with the Bank of Russia to register a blockchain platform for the subsequent issuance of the stablecoin Sbercoin pegged to the ruble. Interfax reports, citing the bank’s deputy chairman Anatoly Popov.<\/p>\n","protected":false},"author":1,"featured_media":35151,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[27,417,807],"class_list":["post-35150","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-russia","tag-sberbank","tag-stablecoins"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=35150"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35150\/revisions"}],"predecessor-version":[{"id":35152,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35150\/revisions\/35152"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/35151"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=35150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=35150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=35150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}