WorldPingRussia’s largest bank plans to expand crypto-backed lending by accepting bitcoin, ether, and tether as collateral after new regulations take full effect. Sberbank says the initiative will build on its digital asset loan pilot.
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WorldPingRussia’s largest bank, Sber, plans to accept USDT and Ether alongside Bitcoin as loan collateral as the country introduces regulated crypto trading under a new law.
Brief by WorldPing · Original reporting by Cointelegraph
Move comes as Washington steps up its efforts to economically pressure Iran amid deadlock in truce talks.
Brief by WorldPing · Original reporting by Al Jazeera
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