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Sberbank Weighs Crypto-Backed Ruble Loans, Citing Need for New Rules

The bank says any rollout depends on a central-bank framework expected to take shape into 2026.

Overview

  • Sberbank Deputy Chairman Anatoly Popov told TASS the bank is exploring issuing ruble loans secured by cryptocurrencies, with timing not yet set.
  • Popov said Sberbank will work with the Bank of Russia to build the legal and technical infrastructure required for crypto-collateral lending.
  • The Bank of Russia has outlined a regulatory concept targeting a working regime by July 2026, including investor testing and a 300,000‑ruble annual cap for non‑qualified buyers.
  • Moscow Exchange and St. Petersburg Exchange said they are ready to start regulated crypto trading once the new rules take effect.
  • Sberbank reports 160+ digital financial asset issuances this year, including tokenized real estate and oil, and it is evaluating links to DeFi ecosystems.