2025-12-28 16:23:56

Major Development: Russia's leading financial institution Sberbank has just approved the first cryptocurrency-backed loan in the country, extending credit to Bitcoin mining operator Intelion Data. This marks a significant milestone as mainstream banking players increasingly venture into crypto asset-backed lending arrangements. The move signals growing institutional acceptance of Bitcoin as collateral in traditional finance channels, particularly in markets exploring alternative financing models. Such developments underscore the broader trend of convergence between traditional banking infrastructure and digital asset ecosystems.

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RugpullAlertOfficer

· 4h ago

The Russian Central Bank is starting to use Bitcoin as collateral for loans, traditional finance is really about to change --- Wait, is this real or just another publicity stunt? --- If Sberbank dares to do this, it shows that institutions are really afraid of falling behind the pace haha --- Miners are winning big, no need to go to P2P anymore --- Major banks are recognizing Bitcoin as collateral, this signal is quite strong --- Again Russia, again the first, I'm tired of hearing this rhetoric --- Traditional finance compromising to crypto, the beginning of ecosystem integration?

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ForkLibertarian

· 4h ago

Russia is really quick to act; traditional banks are starting to use Bitcoin collateral... mainstream finance really can't hold on anymore.

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SchroedingerGas

· 5h ago

Russian banks are now offering Bitcoin-backed loans, traditional finance is really heating up --- Wait, is this true? It sounds unbelievable --- Damn, mainstream banks are starting to accept BTC as collateral... This is really going to shake up the crypto world --- Sberbank doing this, is it to make money or genuinely optimistic about Bitcoin? --- Miner lending, sounds like a pretty good business --- This is real adoption, not those superficial compliance seminars --- Are traditional finance and the crypto world about to join hands? That's a joke

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rug_connoisseur

· 5h ago

Russian banks are playing with Bitcoin-backed loans? Traditional finance really can't sit still anymore.

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