NEWS: Sberbank, Russia’s largest bank, plans crypto-backed loans
By Olga Popova
RUSSIA’S largest lender Sberbank is preparing to issue crypto‑backed loans, citing strong interest from corporate clients, and is ready to work with the central bank to develop regulation, the bank said.
In late 2025, Sberbank issued a pilot crypto‑backed loan to a crypto-mining company called Intelion Data which provided collateral in the form of cryptocurrency it had mined. The bank did not disclose the size of the loan.
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