Russia's Sberbank to Offer Loans Backed by Bitcoin and Other Cryptocurrencies
Russia's Sberbank is preparing to offer corporate loans backed by Bitcoin. The move aligns with Russia's new digital asset regulations, which introduce stricter reporting requirements effective September 1, 2026.
Sberbank has prior experience with crypto-backed lending and aims to expand its offerings and custody services as digital assets gain a larger role in the Russian financial system.