Russia’s Sberbank Eyes Crypto as Loan Collateral



Sberbank reportedly plans to accept $ETH and $USDT as loan collateral alongside Bitcoin, pending regulatory approval for public crypto trading under Russia’s new rules.

#Ethereum #ETH #USDT #Bitcoin #Crypto
ETH-0.24%
BTC-0.64%
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OrdinalsCollector
· 35 minutes ago
Banks accepting crypto as collateral are essentially still bullish on its long-term value, and they can withstand short-term volatility.
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EggShellPlan
· an hour ago
The Russian bank finally wised up.
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BridgeMigrator
· an hour ago
Sberbank moved quickly on this, following immediately once regulatory approval came through.
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FutureGhost
· an hour ago
After Bitcoin, ETH has also been added to banks’ collateral lists—the narrative for the next bull market is here.
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StochasticSurfer
· an hour ago
It’s quite surprising that USDT can enter the banking system—a major signal of stablecoin compliance.
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MiniLotMaven
· an hour ago
If Russia’s regulatory framework is truly implemented, the Eastern European crypto market will be transformed.
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