Russia’s Sberbank to Start Issuing Loans Backed by Crypto Collateral

Share This Post

Sberbank, Russia’s largest bank, stated that it was preparing to roll out a program of crypto-backed loans for corporate customers. The institution stressed that it was currently finalizing the infrastructure needed to scale up the rollout of these financial products. Sberbank Prepares To Scale Issuance Of Crypto-backed Loans Russian banks are prepared to take a […]

Related Posts

U.S. FBI intelligence agent arrested in connection with theft of $1 million in crypto

A supervising U.S. FBI agent who worked in intelligence...

U.S.-Japan yen intervention revives bitcoin carry trade fears despite weak link

U.S. Treasury Secretary Scott Bessent confirmed Sunday that the...

Treasury Loses Key Architect of Trump’s Crypto Policy: Report

Cointelegraph is committed to providing independent, high-quality journalism across...

Trump-backed American Bitcoin (ABTC) executive Matt Prusak joins Giga Energy

Matt Prusak, president and interim chief financial officer of...

How Fake World Assets Became Crypto’s Latest Craze

Just when you thought crypto was getting boring, a...

Circle (CRCL) slides after Morgan Stanley slashes price target to $38 from $106

Morgan Stanley downgraded shares of Circle Internet (CRCL) to...