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Major Russian bank explores crypto investment amid strong demand
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Tinkoff Investments, the online brokerage of major Russian private bank Tinkoff, is researching cryptocurrency investment services despite the Bank of Russia withholding the bank from launching such tools.
Tinkoff Investments head Dmitry Panchenko claimed that the bank’s brokerage portal is considering projects related to cryptocurrency investment but it’s too early to discuss specific ideas.
The company is now working on research and development initiatives targeting a range of crypto-related services, Panchenko said in an Oct. 28 interview with local news agency TASS. Tinkoff Investments is specifically looking at crypto products by companies like international payment giant PayPal, as well as crypto-friendly apps like Revolut and
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