Russia’s Largest Bank Sber Eyes BTC, ETH, USDT for Crypto-Backed Loans
Key Takeaways Sberbank plans to accept bitcoin, ether, and tether as loan collateral. The expansion depends on Russia’s new crypto rules taking effect. Sber previously conducted a crypto-backed loan pilot with Intelion. Sberbank Plans to Expand Crypto-Backed Lending Sber, Russia’s largest bank, majority-owned by the government, plans to accept bitcoin, ether, and tether as collateral…
