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Sberbank Issues First Crypto Backed Loan in Russia

by Simon Crypto Team
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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 […]

Tags: BackedcryptoIssuesLoanRussiaSberbank
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