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Russia’s Largest Bank Sberbank Explores Bitcoin-Backed Loans in Rubles

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Russia’s Largest Bank Sberbank Explores Bitcoin-Backed Loans in Rubles

Russia’s largest lender, Sberbank, is considering a major move into Bitcoin and crypto-backed lending. According to Russia's state-owned news agency Tass, Sberbank is exploring the issuance of loans in rubles secured by crypto holdings.

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