Sberbank plans to accept Bitcoin, Ethereum, and Tether as loan collateral after the Bank of Russia permits these assets for public circulation and new crypto regulations take full effect. ^[1] Sberbank, Russia's largest bank, plans to accept ether and Tether's USDT as collateral for crypto-backed loans alongside bitcoin once regulators allow the assets to circulate publicly. ^[2] Anatoly Popov, deputy chairman of Sberbank's management board, stated that the bank is adapting existing products to new requirements and expanding its range of crypto-backed loans. ^[3] Russia will continue to prohibit crypto payments within the country, with market participants having a transition period through July 1, 2027, to obtain licenses and comply with operations. ^[4] The new regulatory framework will take effect on September 1, replacing an experimental legal regime with direct regulation overseen by the Bank of Russia. ^[5] Deputy Chairman Anatoly Popov told state news agency TASS that Sberbank will adapt its existing products to Russia's new crypto rules before gradually widening the list of assets it accepts as collateral. ^[6] The Bank of Russia flagged in June that stablecoin issuers can seize tokens from lawful owners under unilateral restrictions without a court order, introducing counterparty risk for Sberbank. ^[7]