Sberbank, Russia's largest bank, is exploring the introduction of loans backed by cryptocurrencies, allowing digital assets to be used as collateral for ruble loans. Anatoly Popov, the bank's deputy chairman, stated that Sberbank is prepared to collaborate with regulators to develop the necessary infrastructure. Popov expressed optimism about initiating formal discussions on these transactions soon.
Sberbank Plans Crypto-Backed Loan Services
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