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Sberbank Issues Russia’s First Crypto-Backed Loan

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Sberbank Issues Russia’s First Crypto-Backed Loan

Russian banking giant Sberbank has reportedly issued Russia’s first loan backed by cryptocurrency to BTC miner Intelion Data.

This marks a notable step in integrating crypto into traditional finance in Russia.

What do you think — a sign of wider adoption, or just a one-off experiment?

submitted by /u/AlphaCryptoHub
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