Major Russian bank explores crypto investment amid strong demand

According to Cointelegraph, Tinkoff Investments, the online brokerage of major Russian private bank Tinkoff, is researching cryptocurrency investment services despite the Bank of Russia withholding the bank from launching such tools. The company is now working on research and development initiatives targeting a range of crypto-related services. Tinkoff Investments is specifically looking at crypto products by companies like international payment giant PayPal, as well as crypto-friendly apps like Revolut and Robinhood.