Russia’s Largest Bank Opens Door to Bitcoin, Ethereum and USDT-Backed Loans

Russia’s largest lender, Sberbank, is preparing to expand lending secured by digital assets. The bank expects Bitcoin to remain central, while Ethereum and Tether could join later. The expansion depends on regulatory approval and the full implementation of Russia’s new digital asset framework. Sberbank is also preparing existing banking products for the updated rules. Anatoly

The post Russia’s Largest Bank Opens Door to Bitcoin, Ethereum and USDT-Backed Loans appeared first on CoinGape.


Crypto Feed:
https://ift.tt/aKH4zw8
Coingapestaff
CoinGape

Comments