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August 9, 2022
Finance Technologies

Sber partners with JP Morgan to pilot digital currency in 2021

Sber, Russia’s largest bank with some 100 million customers, has partnered with JP Morgan to unveil its digital currency next year. CEO, Herman Gref, confirms that Sber – which recently dropped the “bank” from its name to sound more like a Big Tech – would call it Sbercoin. Russia announced its new cryptocurrency law this year Sber revealed its intentions around developing its own stablecoin back in August. But this is the first time JP Morgan – America’s largest bank by assets – has announced its involvement in the project. Gref says the it will begin as “an experiment” next…
Sber partners with JP Morgan to pilot digital currency in 2021

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