Russia's Sber to Accept USDT and Ether as Loan Collateral Under New Crypto Law
Source Summary
Sber, Russia's largest bank, plans to accept USDT, Ether, and Bitcoin as collateral for loans as the country implements regulated cryptocurrency trading under new legislation. The bank has also raised questions about demand for the digital ruble.
Why it matters
This signals Russia's integration of major cryptocurrencies into mainstream banking operations under formal regulatory oversight.
