Waves Powers Russia’s First Reported Crypto-Backed Bank Loan By Cointelegraph

Waves Powers Russia’s First Reported Crypto-Backed Bank Loan By Cointelegraph


Waves Powers Russia’s First Reported Crypto-Backed Bank Loan

Expobank, a commercial bank in Russia, has reportedly issued the country’s first-ever loan backed by cryptocurrency.

According to an Aug. 19 report by local news agency Kommersant, Expobank provided the credit through issuing an individual bank loan powered by Waves (WAVES) tokens.

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