Layah Heilpern: Sberbank to begin bitcoin trading with $3,500 annual cap for people

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13 hours ago

Layah Heilpern: Sberbank to begin bitcoin trading with $3,500 annual cap for people — Sberbank launches bitcoin trading with cap

Sberbank, Russia's largest bank, will launch bitcoin trading on December 1, but regular people will face a yearly cap of 300,000 roubles, approximately $3,500.

Layah Heilpern points out that while the government will permit bitcoin purchases, the restriction limits the ability to move significant funds out of the local currency.

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Heilpern has previously highlighted security features in crypto markets, noting that Tether froze $550 million in Iran-linked USDT this year. She also tracked sharp moves in digital assets when PEPE gained 46% and DOGE rose 25%. These events follow ongoing monitoring of capital flows and restrictions in crypto by both platforms and governments.

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