Sberbank Plans Ethereum (ETH) Loan Collateral Under Russia's September 1 Crypto Law

Sberbank plans to accept Bitcoin, Ether, and Tether as loan collateral, pending Bank of Russia approval under Russia's September 1 crypto law. The move would allow borrowers to pledge the three major cryptocurrencies to secure loans from Russia's largest bank, marking a significant step in the country's regulated crypto adoption.