Skip to content
Subscriber Only

Bitcoin Finds Berth at Sberbank’s Moscow Office Despite Ban Talk

  • Cafe owner at bank’s headquarters accepts bitcoin payments
  • Russian authorities are debating legality of crypto-currencies

While Russian authorities are still trying to define the legal status of bitcoin, the virtual currency has found use in Moscow in the lobby of the country’s biggest bank.

A coffee stand at the headquarters of state-owned Sberbank PJSC is one of the first Moscow vendors to take bitcoin, allowing clients to buy espresso and croissants with the crypto-currency even as some Russian regulators threaten to ban its use.