{"id":77481,"date":"2026-08-30T18:20:44","date_gmt":"2026-08-30T18:20:44","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/russias-largest-bank-sber-eyes-btc-eth-usdt-for-crypto-backed-loans\/"},"modified":"2026-08-30T18:20:44","modified_gmt":"2026-08-30T18:20:44","slug":"russias-largest-bank-sber-eyes-btc-eth-usdt-for-crypto-backed-loans","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/russias-largest-bank-sber-eyes-btc-eth-usdt-for-crypto-backed-loans\/","title":{"rendered":"Russia&#8217;s Largest Bank Sber Eyes BTC, ETH, USDT for Crypto-Backed Loans"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Sberbank plans to accept bitcoin, ether, and tether as loan collateral.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The expansion depends on Russia\u2019s new crypto rules taking effect.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Sber previously conducted a crypto-backed loan pilot with Intelion.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Sberbank Plans to Expand Crypto-Backed Lending<\/h2>\n<p>Sber, Russia\u2019s largest bank, majority-owned by the government, plans to accept bitcoin, ether, and tether as collateral for loans, according to Anatoly Popov, deputy chairman of its management board. Popov <a href=\"https:\/\/tass.ru\/ekonomika\/28055375\" target=\"_blank\" rel=\"noopener noreferrer\">disclosed the lending plans in an Aug. 28 interview<\/a> with TASS ahead of the Eastern Economic Forum.<\/p>\n<p>This proposed expansion will follow the implementation of Russia\u2019s new cryptocurrency regulations and the central bank\u2019s admission of the assets to public trading. Popov said Sberbank intends to adapt its existing products to the new requirements before gradually <a href=\"https:\/\/news.bitcoin.com\/largest-bank-of-russia-prepared-to-offer-cryptocurrency-trading-services\/\">expanding its digital asset offerings<\/a>.<\/p>\n<p>Practical experience with cryptocurrency has already prepared the bank for the regulatory transition, according to the executive. Crypto-backed lending is among the products Sber intends to develop further once every relevant provision has taken effect, with bitcoin, ether, and tether included in its planned collateral list.<\/p>\n<h2>Earlier Pilot Tested Crypto as Collateral<\/h2>\n<p>Sberbank issued its first crypto-backed loan in December 2025 to Intelion, a Russian industrial cryptocurrency mining company, as part of a pilot. The transaction represented the bank\u2019s initial test of digital assets as loan security and provided operational experience before a broader rollout.<\/p>\n<p>That pilot used Sber\u2019s internal systems and the Rutoken hardware platform to receive the digital collateral. Neither the loan amount nor the cryptocurrency pledged was disclosed. The <a href=\"https:\/\/news.bitcoin.com\/sberbank-issues-first-crypto-backed-loan-in-russia\/\">first crypto-backed loan involved a controlled pilot arrangement<\/a> designed to test the technology required to manage this type of security.<\/p>\n<p>Crypto-backed borrowing allows an asset holder to obtain financing while retaining ownership of the pledged cryptocurrency, provided the loan\u2019s collateral requirements remain satisfied. The lender can claim or liquidate the collateral under agreed conditions if the borrower defaults or its value becomes insufficient. Similar <a href=\"https:\/\/www.bitcoin.com\/get-started\/defi-and-web3\/basics-dapps\/how-to-borrow-in-defi\/\" target=\"_blank\" rel=\"noopener noreferrer\">digital asset borrowing structures use cryptocurrency as security<\/a> for credit.<\/p>\n<p>Previously, Sberbank said such products could serve mining companies and other businesses holding digital assets in their reserves.<\/p>\n<h2>Bank of Russia Lists 3 Cryptocurrencies for Public Trading<\/h2>\n<p>The Bank of Russia named bitcoin (BTC), ether (ETH), and stablecoin tether (USDT) among the <a href=\"https:\/\/cbr.ru\/press\/event\/?id=32754\" target=\"_blank\" rel=\"noopener noreferrer\">cryptocurrencies eligible for public exchange trading<\/a> under proposed rules released Aug. 11. The central bank screened for market capitalization, daily trading volume, and at least five years of price history on foreign venues under the new legal framework.<\/p>\n<p>Non-qualified investors would be permitted to purchase up to 300,000 rubles in eligible cryptocurrencies annually through each intermediary after passing a test. Qualified investors would also face testing requirements but could buy any cryptocurrency traded on exchanges or over-the-counter venues without a limit.<\/p>\n<p>Russia\u2019s broader crypto law is scheduled to take effect Sept. 1, establishing regulated roles for exchanges, brokers, custodians, asset managers, and other intermediaries. The State Duma <a href=\"https:\/\/news.bitcoin.com\/russias-duma-advances-bill-1194918-8-sending-crypto-law-to-putins-desk\/\">passed the legislation in July<\/a>, and President Vladimir Putin signed it Aug. 4, creating rules for cryptocurrency trading, custody, and cross-border transactions while retaining the prohibition on domestic crypto payments. Popov said Sberbank could broaden its collateral list after every provision of the new regulation becomes effective.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/finance\/russias-largest-bank-sber-eyes-btc-eth-usdt-for-crypto-backed-loans\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Sberbank plans to accept bitcoin, ether, and tether as loan collateral. The expansion depends on Russia\u2019s new crypto rules taking effect. Sber previously conducted a crypto-backed loan pilot with Intelion. Sberbank Plans to Expand Crypto-Backed Lending Sber, Russia\u2019s largest bank, majority-owned by the government, plans to [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":77482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77481"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=77481"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/77482"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=77481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=77481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=77481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}