-
Russia’s First Crypto-Backed Loan Brings Bitcoin Into Formal Banking
Sberbank has extended Russia’s first crypto-backed loan to Intelion Data, one of the country’s largest Bitcoin miners. The pilot deal uses Bitcoin mined by Intelion as collateral, positioning digital assets as working capital rather than passive holdings on a balance sheet. Sberbank reportedly used its in-house digital custody product, Rutoken, to safeguard the Bitcoin collateral through the loan period. According to the bank, the pilot transaction demonstrates how crypto-backed lending could operate within regulated frameworks without compromising asset security. “Digital currency market regulation is only ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Ukraine’s President Volodymr Zelenskyy said Monday that he has asked for up to 50 years’ worth of security guarantees for Ukraine during his meeting with U.S. President Donald Trump at the weekend. Commenting on the talks with Trump in Florida on Sunday, Zelenskyy told journalists that he said a meeting with Russia would only be possible after the president ...
From moneycheck.com | Dec 29, 2025
The crypto sector is returning to public markets after a slow period, with firms raising $3.4 billion through initial public offerings in 2025. Analysts note that investors are showing renewed interest in digital asset companies that focus on compliance, custody, and core infrastructure. Several high-profile firms, including Kraken, Consensys, and BitGo, ...
On today's episode of CNBC Crypto World, bitcoin trades at the $87,000 level to kick off the week. Plus, Zach Pandl, head of research for Grayscale, discusses the crypto asset manager's outlook for digital assets in 2026.
