🚨 The bank is open: Russia's financial system embraces Bitcoin, this time it's not a joke
Still thinking Bitcoin is just a "dark web currency" for retail investors? The latest move by Russia's second-largest bank, VTB, is enough to slap that idea away — they have just officially opened Bitcoin purchasing channels for all investors. It's not a gray-area operation, nor a beta test, but a legitimate banking product.
How significant is this? Just look at the role banks play in the financial system. Banks are the most cautious ones, with century-old foundations, and they proceed carefully. When they truly take action, it usually means three prerequisites are all in place:
✓ Regulatory approval has been given the green light ✓ Market demand has been repeatedly validated ✓ Risks have been internally absorbed and digested
History shows the pattern clearly. Gold, foreign exchange, index funds — which of these wasn't first criticized, then accepted, and finally packaged and sold by banks to the whole society? Bitcoin is following the same path, and moving even faster.
The most interesting part is, this is not an isolated event. In the US, institutions are being attracted via ETFs; Europe is pushing forward a compliant custody system; now Russia is allowing large banks to directly open purchase channels. When major global financial systems almost simultaneously make the same choice, it’s no longer just hype — it’s a structural shift.
It's a classic topic — does it still matter if the market is already in a bull phase? The real question is: when banks start selling Bitcoin, are you still planning to sit on the sidelines and watch?
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BankruptWorker
· 9h ago
Wait, Russian banks are now selling Bitcoin? Should I increase my holdings... or wait a bit longer for the market?
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SerumSurfer
· 9h ago
Wow, VTB's move is really impressive. If the bank dares to act, it means their trump card is exposed, not just bluffing.
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OffchainWinner
· 9h ago
The banks have really moved this time is different, everyone knows what VTB's move means.
It's happening, the global synchronized rally—US ETFs, European custody, Russian banks... this is not just hype.
No longer just watching from outside, now it's time to consider coming in.
I've said it before, history always repeats itself; the same pattern as gold is now the script for Bitcoin.
Can't hold it anymore, banks are backing down, which means the risks have already been absorbed.
View OriginalReply0
ForkMonger
· 9h ago
nah this is just institutional absorption before the real governance attack vectors get priced in. once the masses flood in through vtb, that's when the protocol economics get exposed. banks aren't forward-thinking—they're just late-stage followers positioning for whatever marginal gains they can squeeze before the volatility resets everything.
#数字资产市场动态 $ETH $DCR $OG
🚨 The bank is open: Russia's financial system embraces Bitcoin, this time it's not a joke
Still thinking Bitcoin is just a "dark web currency" for retail investors? The latest move by Russia's second-largest bank, VTB, is enough to slap that idea away — they have just officially opened Bitcoin purchasing channels for all investors. It's not a gray-area operation, nor a beta test, but a legitimate banking product.
How significant is this? Just look at the role banks play in the financial system. Banks are the most cautious ones, with century-old foundations, and they proceed carefully. When they truly take action, it usually means three prerequisites are all in place:
✓ Regulatory approval has been given the green light
✓ Market demand has been repeatedly validated
✓ Risks have been internally absorbed and digested
History shows the pattern clearly. Gold, foreign exchange, index funds — which of these wasn't first criticized, then accepted, and finally packaged and sold by banks to the whole society? Bitcoin is following the same path, and moving even faster.
The most interesting part is, this is not an isolated event. In the US, institutions are being attracted via ETFs; Europe is pushing forward a compliant custody system; now Russia is allowing large banks to directly open purchase channels. When major global financial systems almost simultaneously make the same choice, it’s no longer just hype — it’s a structural shift.
It's a classic topic — does it still matter if the market is already in a bull phase? The real question is: when banks start selling Bitcoin, are you still planning to sit on the sidelines and watch?