Gazprombank plans to conduct pilot transactions with bitcoin in Switzerland

Deputy Chairman of the management Board of Gazprombank Alexander Sobol said that in 2018 Gazprombank, with the assistance of the subsidiaries in Switzerland, plans to conduct pilot transactions with cryptocurrencies.

«It will be some pilot transactions, not on a large scale and for themselves. There is a certain demand for such services from major private customers. We, on the other hand, considering the possibility of organizing such a service,» said Sobol.

«Because the law in Switzerland is more loyal to digital assets, crypto currency is being carefully studied by a subsidiary in Switzerland», — said the Deputy Chairman of the Gazprombank management Board.

The specific format of a digital asset from the Bank yet. The question about the possibility of providing such services to its customers or to conduct such operations only through their own investment, is also not yet resolved.

As you know, in Russia, cryptocurrency transactions are not yet regulated by law, however, the state Duma intends soon to adopt the draft law «On digital of financial assets», which will be governed by all the rules of cryptocurrencies.

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