Sberbank carried out a pilot operation to issue a corporate loan secured by cryptocurrency. The borrower was the mining company Intelion Data JSC.
To store the cryptocurrency as collateral, the bank used its own solution based on the Rutoken hardware module, which ensures the safety of the asset for the loan period.
The pilot transaction allowed to test the mechanisms of working with digital collateral, which may form the basis of future regulation. According to Anatoly Popov, Deputy Chairman of Sberbank's Management Board, the bank is ready to dialog with the Central Bank to develop regulatory solutions and create infrastructure for launching such services.
Continue reading this article on source: interfax.ru