Russia’s Sberbank Launches Structured Bonds Linked to Bitcoin

Odaily News Sberbank has launched a structured bond that tracks the exchange rate between Bitcoin and the U.S. dollar against the ruble. The bond is available to qualified investors for over-the-counter trading in Russian rubles. It is reported that Sberbank plans to launch a BTC futures product on June 4, which will be listed on the Moscow Exchange. (CoinDesk)