Sberbank Issues First Crypto Backed Loan in Russia
December 29, 2025
Local media reports indicate that Sberbank, Russia’s largest banking institution, issued a loan to a local miner using cryptocurrency as collateral. While the transaction is just a pilot, it represents a first for the company and the country, marking an expansion in the use of these assets.
Sberbank Registers First Loan Using Cryptocurrency as Collateral in Russia
The Facts
Russia has registered…