[Russia's Largest Bank Sberbank Prepares to Accept Cryptocurrency as Collateral for Loans] According to The Block, Russia's largest bank, Sberbank, is planning to launch corporate loan products backed by cryptocurrency as collateral. A spokesperson for the bank stated that this move is driven by strong customer demand and mentioned that they are ready to collaborate with the Russian central bank to establish a relevant regulatory framework. This plan follows a similar path taken by international banks, such as JPMorgan, which is exploring such products, while Wells Fargo has already offered related services. At the end of last year, Sberbank completed a pilot transaction with mining company Intelion Data, which used self-mined digital currency as collateral. The bank managed the collateral through its proprietary custody infrastructure and Rutoken hardware solution.