Sberbank is betting 4 trillion rubles that Russia can outrun the sanctions through a state-controlled crypto pipe. They call it financial innovation, I call it a desperate attempt to stop the bleed. My chair is squeaking. By December, you can put up your bitcoin as collateral for a loan, which sounds like a great way to lose your shirt twice. The government keeps the leash tight with 300k ruble limits for the little guys, but the whales get to swim in the deep end without a net. It is basically the wash getting a license. If they think they can manage decentralized assets without the whole thing folding when the ruble craters, they are huffing glue.
@cryptofiynews
August 31, 2026 4.2K