PANews reported on February 7 that, according to CoinDesk, Sberbank, Russia's largest state-owned commercial bank, is preparing to offer loans secured by cryptocurrencies and has stated that it is ready to work with the Central Bank of Russia to develop a regulatory framework.

In January of this year, the bank issued Russia's first Bitcoin-backed loan to Intelion Data, a major mining company, as a pilot project for this model. In addition, the bank also offers clients structured bonds and digital assets linked to Bitcoin and Ethereum.