According to TASS, Russia's largest bank Sberbank is considering launching a loan service collateralized by cryptocurrencies, that is, providing ruble loans backed by digital assets. The bank's Vice Chairman Anatoly Popov stated that the bank is ready to cooperate with regulators to advance the relevant infrastructure and said, "We hope to be able to officially discuss related transactions soon."
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According to TASS, Russia's largest bank Sberbank is considering launching a loan service collateralized by cryptocurrencies, that is, providing ruble loans backed by digital assets. The bank's Vice Chairman Anatoly Popov stated that the bank is ready to cooperate with regulators to advance the relevant infrastructure and said, "We hope to be able to officially discuss related transactions soon."