BREAKING: Russia's largest bank, Sberbank, is gearing up to offer crypto-backed loans to corporate clients.$BTC
Following a successful pilot in late 2025—where it issued a crypto-collateralized loan to Bitcoin mining firm Intelion Data using mined cryptocurrency as collateral—Sberbank is now preparing to expand the service.
The bank cites strong demand from businesses (including those holding digital assets on their balance sheets, not just miners) and is ready to collaborate with Russia's central bank to establish proper regulations for these products.
This move aligns with Russia's evolving crypto framework, with comprehensive legislation expected by mid-2026.
A major step for traditional banking embracing digital assets in one of the world's biggest economies! 🇷🇺💰🔗

