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 […]
Source: https://news.bitcoin.com/sberbank-issues-first-crypto-backed-loan-in-russia/