INSTITUTIONAL | The Largest Bank in Russia Plans Crypto-Backed Loans Ahead of Regulation
Russia’s largest lender, Sberbank, plans to expand lending secured by cryptocurrencies, adding Ethereum and Tether’s USDT alongside Bitcoin once the assets are approved for public trading, senior executive Anatoly Popov told local media. “We plan to accept not only Bitcoin but also Ethereum and the Tether stablecoin as collateral – of course, after the central bank allows them for public circulation.” The move comes as Russia prepares to launch a regulated crypto market on September 1 2026 under […]
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- 2026-08-31 19:07 UTC
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- 2026-08-31 19:08 UTC
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- INSTITUTIONAL | The Largest Bank in Russia Plans Crypto-Backed Loans Ahead of Regulation
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Reviewed BitKE reporting on Payments matters for Stablecoin payments readers.
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BitKE reported the item at 2026-08-31T08:00:29.000Z.
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