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Sberbank issues Russia’s first bitcoin

Sberbank used its in-house crypto custody tool to back a loan for mining firm Intelion Data, signaling broader interest in crypto lending.

Sberbank, Russia’s second-largest bank, issued the country’s first bitcoin-backed loan to one of its largest bitcoin miners, calling the transaction a pilot and suggesting it was keen to issue more in the future
“We believe this product will be relev… [935 chars]

Source: CoinDesk | Published: 2025-12-29T11:51:54Z

Credit: CoinDesk

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