Russia’s biggest bank said it plans to offer loans secured by cryptocurrency following a pilot deal with a mining firm, with legislation expected by mid-2026.
Russia’s largest bank, Sberbank, prepares to issue crypto-backed loans
Russia’s biggest bank said it plans to offer loans secured by cryptocurrency following a pilot deal with a mining firm, with legislation expected by mid-2026.
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The proposal links the OP token more directly to the economic performance of the Superchain.
The bank isn’t committing to launching its own token — yet — but executives say it’s building systems that could support one if needed.
The news comes just hours after longtime crypto holdout, asset management giant Vanguard, said it would allow its clientele access to digital asset ETFs.
Automating and standardizing corporate actions data could help significantly reduce operational inefficiencies that currently cost businesses millions of dollars every year due to errors and manual data processing, the report