Russia’s Largest Bank Sber Eyes BTC, ETH, USDT for Crypto-Backed Loans

This post was originally published on this site

Russia’s largest bank plans to expand crypto-backed lending by accepting bitcoin, ether, and tether as collateral after new regulations take full effect. Sberbank says the initiative will build on its digital asset loan pilot. Sberbank Plans to Expand Crypto-Backed Lending Sber, Russia’s largest bank, majority-owned by the government, plans to accept bitcoin, ether, and tether […]