Russia's Sberbank Grants Crypto-Backed Loan to Bitcoin Mining Company Intelion Data
ChainCatcher News, according to DL News, Russia's largest bank Sberbank has issued the country's first loan to bitcoin mining company Intelion Data, using cryptocurrency as collateral. The transaction is described as a "pilot," and the loan amount, term, and specific collateralized cryptocurrencies have not been disclosed.
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