2025-12-26 03:44:33

Sberbank of the Russian Federation has made an interesting move. As Russia's largest commercial bank, they now plan to use cryptocurrency as collateral to provide ruble loans to customers. It sounds a bit ahead of its time, but Vice Chairman Anatoly Popov made it very clear—they have already communicated with regulatory authorities and are working on infrastructure development. Popov also revealed that this trading mechanism should soon enter the formal discussion stage.

What does this mean? Traditional financial institutions are no longer avoiding cryptocurrencies; instead, they are exploring how to incorporate digital assets into their financial ecosystem. The product form of collateral loans itself is nothing new, but using crypto assets as collateral is indeed a new direction in financial innovation. Regulatory authorities have not outright vetoed it; instead, they are participating in discussions about infrastructure, which may signal a turning point.

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MidnightTrader

· 7h ago

Wow, traditional banks are starting to play crypto staking? This is really going to turn the world upside down. Wait, is the Russian bank trying to bypass sanctions with this move? Or have they really seen through the future of our industry? Regulatory authorities are not opposed but are instead engaging in discussions. This signal is quite interesting... Could it be that big institutions are about to enter the market? To put it simply, as always, those who embrace change early are the ones who will laugh last. Sberbank's move feels like they're making a bigger move in the next step. We're still just watching the excitement unfold.

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TokenomicsShaman

· 7h ago

Whoa, Russian banks are starting to do crypto collateralization? Traditional finance is really bowing down. --- Finally, mainstream banks are daring to take the plunge. This is the right attitude. --- Regulators participating in discussions rather than banning signals are very important. --- Using crypto assets as collateral... it should have been done this way a long time ago. Why has it taken so long? --- Sberbank's move is quite clever, but the real test is still ahead. --- This is the beginning of traditional finance being forced to embrace Web3. There's no escape. --- Infrastructure is already being laid out; full implementation is just a matter of time. --- It's interesting, but I guess it will take some time to really push forward and fine-tune. --- Traditional finance has compromised with crypto. It seems unstoppable.

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BottomMisser

· 7h ago

Oh wow, Sberbank is really playing with fire, using crypto as collateral to borrow rubles? They really have guts. Traditional banks are finally dropping the pretense, this is getting interesting. Regulators haven't opposed either, is a change of the times coming? Rubles are so unstable, dare to use crypto as collateral? Old Russia's move is pretty good, much more enlightened than some countries. Wait, is this to stabilize the ruble or to cut the leeks? I can't quite understand. Is crypto really about to enter mainstream finance? It feels a bit sudden. This is the right way to open up, traditional finance and Web3 should merge. With such high volatility in collateral assets, how are banks managing risk control? Told you early, the future belongs to institutions willing to embrace crypto.

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