[Russia's Largest Bank Sberbank Issues First Crypto-Backed Loan] Russia's largest bank, Sberbank, has issued its first loan backed by crypto assets to Bitcoin mining company Intelion Data. The loan is secured by digital currencies mined by Intelion Data. The scale, amount of collateral, and loan term have not been disclosed, and the transaction is defined as a 'pilot' project. Sberbank utilized its proprietary crypto asset custody solution, Rutoken, to ensure the security of the collateral. Deputy Chairman Anatoly Popov expressed willingness to cooperate with the central bank to improve digital asset regulatory rules. Intelion Data CEO Timofey Semenov stated that this transaction is an important practical case for the development of the industry.