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Promote with Leviathan NewsRussia’s largest lender, Sberbank, is working with regulators on plans to expand into crypto‑collateralized lending, building on its existing digital asset and tokenization business as the country moves toward a more comprehensive crypto regulatory framework expected around mid‑2026. Deputy chairman Anatoly Popov told Russian state agency TASS that the bank is considering offering ruble loans secured by cryptocurrency, targeting primarily corporate clients that already hold or generate digital assets, while coordinating closely with the Central Bank of Russia to ensure compliance. This move follows Sberbank’s earlier pilot crypto‑backed loan issued in late 2025 to bitcoin mining firm Intelion Data, where the collateral consisted of cryptocurrency mined by the borrower and was held using Sberbank’s own digital asset custody solution. The bank has also been active in issuing and servicing digital financial assets (DFAs) and tokenized instruments linked to bitcoin, ether, and crypto baskets, as well as testing DeFi‑related products, making crypto‑secured lending a logical extension of its digital asset strategy in Russia’s tightly controlled market. The initiative is significant because it could provide new funding mechanisms for miners and other crypto‑exposed businesses inside Russia’s sanctioned financial system, while serving as a testbed for how traditional banks, regulators, and crypto collateral can coexist under the forthcoming national rules.
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