Russia’s largest bank, Sberbank, prepares to issue crypto-backed loans

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Why This Matters

Sberbank, Russia's largest bank, is planning to offer crypto-backed loans after a successful pilot deal with a mining firm, with regulatory legislation expected by mid-2026.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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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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Original article published by CoinDesk on February 6, 2026.
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