Join Nostr
2026-08-30 02:17:08 UTC

Blockchain Report on Nostr: Sberbank, Russia's largest bank, is reportedly planning to expand its ...

Sberbank, Russia's largest bank, is reportedly planning to expand its cryptocurrency-backed lending services to include Ethereum (ETH) and Tether (USDT) as collateral, in addition to Bitcoin (BTC). Anatoly Popov, Deputy Chairman of Sberbank, stated that the bank has gained practical experience in digital asset operations and intends to adapt its existing offerings once new regulatory frameworks are fully implemented. The expansion is contingent on regulatory approval. Popov emphasized that the inclusion of assets like ETH and USDT as collateral will only be permitted after the Bank of Russia officially allows their public circulation.

#crypto #blockchain #news #BTC #Bitcoin