Russian Court Orders Sber To Unblock Account Used For Bitcoin Trading By Cointelegraph


Russian court orders Sber to unblock account used for Bitcoin trading

The state of cryptocurrency regulation in Russia took another turn as a local court ordered the country’s largest bank to take over the accounts for one (BTC) Trader.

The Sverdlovsk Regional Court, a court in Russia’s fourth largest city, Yekaterinburg, has order Sber, formerly Sberbank, to unlock the account services of a client involved in Bitcoin trading, according to an official announcement on Monday. The client’s bank accounts processed several transactions associated with transactions on cryptocurrency exchanges from May to August 2020.

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