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Russia's Sberbank to Accept Cryptos as Loan Collateral by 2026

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Russia's largest bank, Sberbank, is set to accept Bitcoin, Ethereum, and USDT as collateral for loans under new digital asset regulations scheduled to take effect on September 1, 2026. This move marks a significant recognition by the financial sector of cryptocurrencies as a legitimate asset class.

Sberbank has already tested crypto-backed lending and is preparing to launch crypto wallet and digital depository services by December 2026. The bank aims to become the main institutional gateway for digital assets in Russia amid evolving regulations and geopolitical tensions.

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