Sberbank is considering offering crypto-backed ruble loans, marking a potential first for Russian banks. This initiative aligns with recent regulatory developments in Russia, where the Central Bank has recognized digital assets as a 'value of money' but restricted their use for daily payments. The bank's vice chairman noted that the proposal is under review and requires coordination. The model would allow borrowers to use cryptocurrencies like Bitcoin or Ethereum as collateral for ruble loans. This move could enhance liquidity by enabling users to leverage their crypto holdings without selling them. Russia's crypto market, which saw $376 billion in transactions last year, is the largest in Europe, and Sberbank's initiative could further integrate digital assets into traditional finance. Regulators have emphasized caution due to the risks and volatility associated with cryptocurrencies. However, the initiative could also aid in Countering the Financing of Terrorism by improving oversight. As the EU's Markets in Crypto-Assets Regulation influences global standards, Russia's approach may indicate a broader shift in digital asset integration.