Finance
What to know:
- Behold, the mighty Sberbank, Russia’s second-largest bank, has dabbled in the wild west of crypto, offering a loan secured by bitcoin-a miner’s dream, or a nightmare? 🚀
- The loan, shrouded in secrecy, used Rutoken, a crypto custody product, to safeguard the digital gold. Safety? Or just another layer of bureaucracy? 🔒
- Sberbank, ever the trailblazer, now dances with DeFi and whispers of legalization. But will the Kremlin let them? 🧵
In the frostbitten lands of Russia, where the cold bites harder than a bear’s teeth, Sberbank dared to step into the world of crypto. A pilot transaction, they say, but who’s counting? 🧊💸
“This product,” the bank declared, “will aid not just miners, but anyone with a wallet full of digital dreams.” Dream on, Sberbank. 🌙
The loan, secured by bitcoin mined by Intelion Data, was a gamble. A gamble that could either build empires or collapse like a house of cards. 🏗️
Timofey Semenov, CEO of IntelionData, hailed the loan as a “practical example” for the industry. Practical? Or just another step toward chaos? 🤔
Anatoly Popov, Sberbank’s deputy chairman, boasts of bonds, digital assets, and DeFi tests. But will the Russian legal framework embrace this? Or will it be a tale of two cities? 🏛️
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2025-12-29 15:06