🚨 JUST IN
🇷🇺 Russia’s largest bank Sberbank makes history — issues the country’s FIRST Bitcoin-backed loan 🔥
This isn’t theory anymore, it’s real execution.
🔹 Pilot deal with major BTC miner Intelion Data
▫️ Loan secured by freshly mined Bitcoin
▫️ BTC held safely under Sberbank’s own custody system (Rutoken) until repayment
💡 Why this matters:
• Traditional banking officially accepts BTC as collateral..
• Big step for institutional crypto adoption in Russia
• Sberbank hints this could expand to more miners and even corporates holding crypto..
📊 Bank already offers BTC & ETH-linked products and is testing DeFi-related solutions too.
Russia may be slow, but it’s clearly opening the door to crypto under evolving regulations.
👀 Bullish signal for miners and long-term adoption?
Will more banks follow this path? 🚀
#Russia #Banking #CryptoAdoption #Mining #SupplyAndDemand #Markets
