Morning Edition · Sunday, August 30, 2026Published at 1:48 AM EDT · New York
Russia's largest bank says it will extend the crypto-backed lending it piloted with a mining company last year, once the Bank of Russia permits the assets to circulate publicly.

Sberbank, Russia's largest lender, says it intends to accept bitcoin, ether and the stablecoin USDT as collateral for loans, extending a product it has already tested. The bank issued Russia's first bitcoin-backed loan last December to the…
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States Turn Crypto Rails Into Sanctions Instruments
Governments increasingly track, freeze, and seize on-chain assets to enforce sanctions, turning traceable ledgers and centrally controlled stablecoins into extensions of financial statecraft rather than escapes from it.
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