cryptoloan

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🚨 Exciting News from Binance: New Loanable Assets Added! 🚨

We’re thrilled to introduce Banana For Scale (BANANAS31) and Mubarak (MUBARAK) as new loanable assets on Binance VIP Loan! 🍌💸

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💡 How to Get Started:

Check out the VIP Loan section for the most up-to-date interest rates and available assets.

Have any questions? Our VIP Key Account Coverage team is ready to assist you at vip_loan@binance.com.

✨ What is Binance VIP Loan?
It’s a premium loan service designed for individuals and institutions, offering over-collateralized loans that can help supercharge your trading. Whether you're looking to grow your portfolio or use leverage for greater returns, Binance VIP Loan is here to help.

Explore more here:

What Is Binance VIP Loan?

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Take advantage of the new BANANAS31 🍌 and MUBARAK 🚀 assets today!

Thanks for being part of the Binance community,
The Binance Team

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South Korea halts new crypto lending after Bithumb's liquidation hit, with 13% of 27,000 users affected in June.
🇰🇷📉
Signals tighter oversight as leverage risks grow, with $44.25B in borrows & $3B liquidated this month.
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#cryptoloan #CryptoLending

Unlock the Future of Finance with Crypto Wallet Loans upto 50,000$
For more info
https://t.me/Binancewallet_loanbot

"Welcome to the next evolution of finance. Are you ready to unlock the potential of your crypto assets?"😜

"In a world where digital currencies are revolutionizing how we think about money, your crypto wallet holds untapped power. Introducing Crypto Wallet Loans—a seamless way to leverage your digital assets without selling them."

"I needed funds for an investment, but I didn’t want to sell my Bitcoin. The crypto wallet loan made it easy!"

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Sberbank Issues Russia's First Crypto-Backed Loan

Russia's largest bank, Sberbank, has issued the country's first-ever loan backed by domestically mined cryptocurrency to the Bitcoin mining company Intelion Data Systems. The transaction was a pilot program to test the processes for working with digital collateral, ahead of comprehensive new legislation expected to regulate crypto in Russia by mid-2026.

Key Insights
Collateral and Security: The loan was secured using digital currency mined by Intelion. Sberbank utilized its own proprietary storage solution, Rutoken, to securely manage the crypto collateral during the loan period.

Regulatory Collaboration: This pilot is part of a broader effort by Sberbank to collaborate with the Central Bank of Russia to develop a clear legal and technical framework for crypto-backed financial products.

Market Context: While the use of cryptocurrency for domestic payments remains prohibited in Russia, recent regulatory shifts are legalizing crypto for investment, trading, and potentially cross-border settlements, reflecting a changing official stance.

Future Prospects: Sberbank officials believe this type of product will be relevant for both cryptocurrency miners and other companies that own crypto assets, potentially boosting liquidity in the market without forcing asset sales.

#Sberbank #Russia #CryptoLoan #BitcoinMining #DigitalFinance

📌 Headline: Sberbank Issues Russia’s First Bitcoin-Backed Loan to a Miner 🇷🇺

Russia’s largest bank Sberbank has issued its first-ever crypto-backed loan, using Bitcoin as collateral.
The loan was granted to Intelion Data, a major Bitcoin mining company in Russia, marking a milestone for crypto adoption in the country 🪙
Sberbank said the deal is a pilot project, signaling growing acceptance of digital assets within Russia’s traditional banking system and opening the door for similar financing structures in the future 📊

💭 What do you think — is crypto-backed lending going mainstream? Drop your thoughts below! 👇
$BTC $BCH #Bitcoin #Sberbank #CryptoLoan #BitcoinMining