Sberbank plans BTC, ETH and USDT-backed loans

cryptonews08-30 16:07

Sberbank plans to expand its crypto-backed lending business by accepting Bitcoin, Ethereum and Tether’s USDT as collateral, Deputy Chairman Anatoly Popov told TASS on Aug. 28. Summary Sberbank ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2663904980?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-30 16:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2663904980","market":"other","top_or_hot":-1,"title":"Sberbank plans BTC, ETH and USDT-backed loans","media":"cryptonews","content":"<div>\n<p>Sberbank plans to expand its crypto-backed lending business by accepting Bitcoin, Ethereum and Tether’s USDT as collateral, Deputy Chairman Anatoly Popov told TASS on Aug. 28.\n\n\nSummary\n\n\n\nSberbank ...</p>\n\n<a href=\"https://crypto.news/sberbank-plans-btc-eth-and-usdt-backed-loans/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sberbank plans BTC, ETH and USDT-backed loans</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSberbank plans BTC, ETH and USDT-backed loans\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-30 16:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/sberbank-plans-btc-eth-and-usdt-backed-loans/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sberbank plans to expand its crypto-backed lending business by accepting Bitcoin, Ethereum and Tether’s USDT as collateral, Deputy Chairman Anatoly Popov told TASS on Aug. 28.\n\n\nSummary\n\n\n\nSberbank ...</p>\n\n<a href=\"https://crypto.news/sberbank-plans-btc-eth-and-usdt-backed-loans/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ETHU","symbol_name":"2倍以太币期货ETF-Volatility Shares","start_time":0,"source_url":"https://crypto.news/sberbank-plans-btc-eth-and-usdt-backed-loans/","article_id":"2663904980","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/sberbank-plans-btc-eth-and-usdt-backed-loans/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2663904980","pubTimestamp":1788077249,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Sberbank plans to expand its crypto-backed lending business by accepting Bitcoin, Ethereum and Tether’s USDT as collateral, Deputy Chairman Anatoly Popov told TASS on Aug. 28.Sberbank plans to accept Bitcoin, Ethereum and USDT as collateral after required regulatory approval arrives.Russia’s new crypto market framework takes effect September 1, 2026, under formal central bank supervision.Non-qualified investors may purchase 300,000 rubles annually through each intermediary after passing mandatory knowledge tests.Sberbank completed a Bitcoin-backed loan pilot with Russian mining company Intelion Data during December 2025.However, the proposal remains conditional. Popov said the Russian bank would only add ETH and USDT after the Bank of Russia permits their public circulation. Sberbank has not announced a launch date, loan terms or eligible customer groups.Sberbank will adapt loans to Russia’s crypto rules. Non-qualified investors must pass a knowledge test. They may then purchase up to ","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"ETHU":"2倍以太币期货ETF-Volatility Shares","YETH":"Roundhill Ether Covered Call Strategy ETF","ETHV":"以太坊ETF-VanEck","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF","YBIT":"YieldMax Bitcoin Option Income ETF","BETE":"等权重比特币&以太币期货ETF-ProShares","ETHW":"以太坊ETF-Bitwise","STCE":"Schwab Crypto Thematic ETF","ETH":"低成本以太坊ETF-Grayscale","FETH":"以太币ETF-Fidelity","BETH":"比特币&以太币期货ETF-ProShares","EETH":"以太币期货ETF-ProShares","MSBT":"Morgan Stanley Bitcoin Trust ETP","ETHA":"以太坊ETF-iShares","YBTC":"比特币看涨期权ETF-Roundhill","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","BRRR":"比特币ETF-CoinShares","IBIT":"比特币ETF-iShares","OOQB":"One+One Bitcoin and Ether ETF","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","GDLC":"Grayscale CoinDesk Crypto 5 ETF","BITQ":"Bitwise Crypto Industry Innovators ETF","BTF":"比特币&以太币期货ETF-CoinShares","BTCI":"NEOS Bitcoin High Income ETF","CRPT":"First Trust SkyBridge Crypto Industry and Digital Economy ETF","NCIQ":"HASHDEX NASDAQ CRYPTO INDEX US ETF","ETHD":"ProShares UltraShort Ether ETF","EZET":"以太坊ETF-Franklin","BTFX":"比特币期货ETF-CoinShares","ETU":"T-Rex 2X Long Ether Daily Target ETF","AETH":"以太坊策略ETF-Bitwise","ETHE":"最大以太坊ETF-Grayscale","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","QETH":"以太坊ETF-Invesco Galaxy","BKCH":"AdvisorShares Sabretooth ETF","MAXI":"比特币期货ETF-Simplify","BTGD":"STKD Bitcoin & Gold ETF","BITW":"Bitwise 10 Crypto Index ETF","ARKY":"ARK Active Autocallable Income ETF","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","BITX":"2倍比特币期货ETF-Volatility Shares","ETTY":"Amplify Ethereum 3% Monthly Option Income Etf","MNRS":"GRAYSCALE BITCOIN MINERS ETF","DIME":"CoinShares Altcoins ETF","ETHT":"ProShares Ultra Ether ETF","BTRN":"比特币期货ETF-Global X"},"translate_title":"俄罗斯联邦储蓄银行计划提供 BTC、ETH 和 USDT 支持贷款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STCE":1.5,"ETHT":1.5,"BITW":0.9,"LFGY":0.9,"QETH":1.5,"ETHV":1.5,"ETHD":1.5,"BITX":1.5,"ETH":1.5,"ETHU":1.5,"FETH":1.5,"BKCH":0.9,"BTRN":1.5,"YBTC":1.5,"BEGS":1.5,"ETU":1.5,"EZET":1.5,"BTCmain":1.5,"XBTmain":1.5,"ETTY":1.5,"MSBT":1.5,"BETH":1.5,"ARKY":1.5,"GDLC":0.9,"ETHA":1.5,"AETH":1.5,"BTFX":1.5,"BRRR":1.5,"BITQ":0.9,"BTF":1.5,"METHmain":1.5,"CBTJ":1.5,"IBIT":1.5,"ETHE":1.5,"MNRS":1.5,"BETE":1.5,"BTCI":1.5,"BTCZ":1.5,"DIME":0.9,"MAXI":1.5,"OOQB":1.5,"YBIT":1.5,"CRPT":1.5,"BTGD":1.5,"BTCL":1.5,"NCIQ":1.5,"YETH":1.5,"EETH":1.5,"ETHW":1.5},"content_text":"Sberbank plans to expand its crypto-backed lending business by accepting Bitcoin, Ethereum and Tether’s USDT as collateral, Deputy Chairman Anatoly Popov told TASS on Aug. 28.\n\n\nSummary\n\n\n\nSberbank plans to accept Bitcoin, Ethereum and USDT as collateral after required regulatory approval arrives.\nRussia’s new crypto market framework takes effect September 1, 2026, under formal central bank supervision.\nNon-qualified investors may purchase 300,000 rubles annually through each intermediary after passing mandatory knowledge tests.\nSberbank completed a Bitcoin-backed loan pilot with Russian mining company Intelion Data during December 2025.\nCryptocurrency payments for goods and services remain prohibited within Russia despite the expanded regulatory framework.\n\n\n\nHowever, the proposal remains conditional. Popov said the Russian bank would only add ETH and USDT after the Bank of Russia permits their public circulation. Sberbank has not announced a launch date, loan terms or eligible customer groups.\n“We plan to accept not only Bitcoin but also Ethereum and the stablecoin Tether as collateral,” Popov said. He added that the expansion would begin only “after the Central Bank, of course, allows them for public circulation.”\nSberbank will adapt loans to Russia’s crypto rules\nPopov said Sberbank had prepared for the regulatory change and already had practical experience handling cryptocurrency. The bank intends to modify its existing products once every part of the new framework becomes effective.\nThe statement expands Sberbank’s previous interest in issuing ruble-denominated loans secured by cryptocurrency. Popov said in December 2025 that the bank was assessing crypto-backed lending and working with regulators on the required infrastructure.\nSberbank later completed a pilot Bitcoin-backed loan involving Russian mining company Intelion Data. The borrower pledged mined cryptocurrency as collateral. That transaction gave the bank experience in custody, collateral monitoring and enforcement procedures.\nThe new statement does not mean customers can immediately pledge ETH or USDT. Sberbank must wait for the Bank of Russia to determine which assets can circulate through regulated intermediaries and qualify for use in banking products.\nRussia’s crypto framework starts September 1\nRussia’s wider cryptocurrency framework takes effect on Sept. 1, 2026. According to the Bank of Russia, the rules create a regulated market involving banks, brokers, asset managers, crypto exchanges and digital depositories.\nBoth qualified and non-qualified investors will be able to conduct crypto transactions through approved intermediaries. However, retail access will remain restricted.\nNon-qualified investors must pass a knowledge test. They may then purchase up to 300,000 rubles in eligible cryptocurrencies annually through each intermediary. Qualified investors must also pass testing but can access a wider group of assets without the same monetary limit.\nForeign stablecoins will generally face the same requirements as other cryptocurrencies. This provision could cover USDT, although the central bank must still determine which assets satisfy its circulation standards.\nThe framework does not legalize cryptocurrency as a domestic payment method. Payments for goods and services in Russia remain prohibited. Exporters and importers may use cryptocurrency for cross-border settlements under the applicable rules.\nSberbank builds trading and custody infrastructure\nSberbank is also preparing infrastructure for regulated cryptocurrency trading and custody. The bank aims to launch a digital depository by Dec. 1, 2026, as crypto.news reported.\nThe planned system would record customer ownership, manage wallets and support deposits, withdrawals and settlements. Sberbank has not yet confirmed which cryptocurrencies the platform will support or disclosed its fees and withdrawal limits.\nThe bank already operates within Russia’s digital financial asset market. It joined the Bank of Russia’s register of approved information system operators in 2022 and has since issued tokenized financial products through its platform.\nSberbank’s plans also remain separate from public blockchain lending protocols. The bank would issue conventional loans and hold cryptocurrency as collateral within a regulated custody structure. It has not announced any integration with decentralized lending platforms.\nRegulatory approval will determine the launch\nThe Bank of Russia must now complete supporting standards covering eligible assets, custody, accounting and customer protection. These rules will determine whether Sberbank can use ETH and USDT as loan collateral.\nMarket participants have until July 1, 2027, to obtain the necessary licenses and align their operations with the framework. Sberbank’s Dec. 1 infrastructure target falls within that transition period.\nUntil the regulator approves the assets and Sberbank publishes commercial terms, the expanded collateral offering remains a plan rather than an available product. The bank must also explain how it will value volatile collateral, handle margin requirements and respond when asset prices fall.\n\n\n\n\n\n                Read more:\n            \n\n                Bitcoin Rally Builds on $2.8 Billion ETF Inflows","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.48.0","shortVersion":"4.48.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2663904980","isCrawlerRequest":true}