Bitcoin News: Sberbank Plans BTC, ETH, and USDT-Backed Loans in Russia

The post Bitcoin News: Sberbank Plans BTC, ETH, and USDT-Backed Loans in Russia appeared first on Coinpedia Fintech News

Russia’s largest bank, Sberbank, is preparing to expand crypto-backed lending beyond Bitcoin, planning to accept Ethereum and Tether’s USDT as collateral for loans. The move comes as Russia prepares new crypto market rules, but Sberbank’s overall offering still depends on approval from the Bank of Russia. Sberbank Plans to Add ETH and USDT Sberbank Deputy …