Russian Bank Used WAVES As Collateral!

[annayks 2314]

Waves is also created from a russian so I think it was better to have a crypto coming from the same country be accepted by a bank instead of something else. At least you don't have to deal with foreigners and usually people from the same country can make better dealings. It helps both too as Waves is becoming a stronger cryptocurrency that is now used in traditional finance and the bank gains from this as becoming the first to accept something like that.

[zhoutong 2188]

Waves is one of the altcoins I like and they are doing a very good job with developments, partnerships and events. They don't market Waves like Tron or other coins but are moving silent and with moves that will have a long time impact and eventually will help price rise to previous highs and above $10.

[yonkii 3205]

Waves cryptocurrency must be very important judging from this news. If a bank is recognizing waves then this means this cryptocurrency is worthy of investing in it. I have seen the price is not very high but maybe it is not very low either at $3,20 maybe it could be a good investment.

[Cryptomint 433]

On 8/19/2020 at 7:46 PM, SilverF said:

I would not be surprised if "Waves" has a small rebound in its price thanks to this news, it is clearly the beginning of the development of a phase in the acceptance and legalization of cryptos, apparently it is the first time that a loan  is supported that way, for now I will buy some "Waves" maybe increase.

 

Russian banks are getting forward to those of the West in this, even though Americans moves a good amount of money in this middle, I hope that also changes.

Yes you are right that is showing that the Russian banks are now coming to the cryptocurrencies world which really good thing..

[Upright 2688]

It was always going to be certain that the banks will eventually come gasping on having to accept the use of Cryptocurrencies, as basically it was like the Cryptocurrencies was on the plead on banks to accept Cryptocurrencies, as it was likes fundamental truth as to which banks and even globally will acknowledge the existence of Cryptocurrencies as well as it usage

[godislovefll 1880]

On 8/19/2020 at 9:16 AM, BTC Future said:

 

It is official. Banks are now offering loans with cryptocurrencies as collateral. Sasha Ivanov (founder of Waves) tweeted earlier about this (link) confirming this major milestone.

 

Expobank (a former subsidiary of Barclays) has issued a loan to Russian businessman Mikhail Uspensky securing the deal with Waves tokens as collateral. 

 

Earlier in July, Russia passed a law on regulating cryptocurrencies and digital financial assets in the country and I covered the news on this post: 

- https://cryptotalk.org/topic/109340-crypto-now-legal-in-russia-although-with-restrictions/

 

Cryptocurrencies have been officially recognized as assets in Russia and if I am not mistaken this is the first case worldwide of crypto being used by the banking sector as collateral. Certainly something many people were hoping for as it legitimizes the whole industry in the eyes of investors and businesses.

 

More info: kommersant.ru, cryptopotato

 

It's good that the Russian Government is on the right track to accepting cryptocurrencies, and I like it a lot because I use the Waves Cryptocurrency a lot since it cost 2 usd and currently look at +8 usd each, from what I see what they did a good choice the banks of Russia.

[abdullah553 1981]

On 8/19/2020 at 3:16 PM, BTC Future said:

 

It is official. Banks are now offering loans with cryptocurrencies as collateral. Sasha Ivanov (founder of Waves) tweeted earlier about this (link) confirming this major milestone.

 

Expobank (a former subsidiary of Barclays) has issued a loan to Russian businessman Mikhail Uspensky securing the deal with Waves tokens as collateral. 

 

Earlier in July, Russia passed a law on regulating cryptocurrencies and digital financial assets in the country and I covered the news on this post: 

- https://cryptotalk.org/topic/109340-crypto-now-legal-in-russia-although-with-restrictions/

 

Cryptocurrencies have been officially recognized as assets in Russia and if I am not mistaken this is the first case worldwide of crypto being used by the banking sector as collateral. Certainly something many people were hoping for as it legitimizes the whole industry in the eyes of investors and businesses.

 

More info: kommersant.ru, cryptopotato

 

The Wave currency is the origin of a Russian currency, its origin is Russia. I think that the Russian state is supporting it well as a counterpart to the Russian ruble.

[Teminali69 1081]

This is good news for all of crypto, but i don't think that it is the first approach ever of crypto been used in banks, because Ripple has been in business with the banks for a very long time already.

[jappy 1129]

This is undoubtedly good news, because apart from the fact that it will help all users a lot, this cryptocurrency is also a good choice, and it can also serve as an example for many other countries.

[yulitzacalvete 1366]

On 8/19/2020 at 9:16 AM, BTC Future said:

 

It is official. Banks are now offering loans with cryptocurrencies as collateral. Sasha Ivanov (founder of Waves) tweeted earlier about this (link) confirming this major milestone.

 

Expobank (a former subsidiary of Barclays) has issued a loan to Russian businessman Mikhail Uspensky securing the deal with Waves tokens as collateral. 

 

Earlier in July, Russia passed a law on regulating cryptocurrencies and digital financial assets in the country and I covered the news on this post: 

- https://cryptotalk.org/topic/109340-crypto-now-legal-in-russia-although-with-restrictions/

 

Cryptocurrencies have been officially recognized as assets in Russia and if I am not mistaken this is the first case worldwide of crypto being used by the banking sector as collateral. Certainly something many people were hoping for as it legitimizes the whole industry in the eyes of investors and businesses.

 

More info: kommersant.ru, cryptopotato

 

What a great novelty, the waves cryptocurrency is very fast and good, I think they chose well, they chose the right one, in fact waves have also increased in value a lot and to date it has not had a strong fall because of what Russia did well in choosing it.

[Rosarvx 965]

banks receive a large amount every day and this bank is now using waves as collateral,  it is creates a better outlook for the cryptocurrency waves

[Serbberq 724]

I have not heard about it until now, banks to start accepting cryptocurrency for collateral, their will be risk because of the volatility but they can make more profits if the price rises before the ending of the loan. 

[abohasnn9 2401]

My friend, thank you for this unique article. I was not aware of the idea of waves as a guarantor of cryptocurrencies. Great Russia is very interested in cryptocurrencies, and until you see a demand for them, it is necessary to provide a guarantee that will comfort people for those who enter the field of cryptocurrencies. Thank you.

[betania1 283]

I was just reading about birds since it has its own exchange page with many tokens created from its network, seeing this news gives me more confidence to believe that waves is a great project that you have to trust and think that there is a lot of potential.

[celeste10 251]

What good news, as these banks can guarantee your payment for cryptocurrency as well as they will introduce cryptocurrencies legally in the conventional market, thus making them simply start to be used worldwide without any problems.

[khan22 3478]

Russian banks make a great step that use the waves coin and i hope soon the other banks will start to use the other coins and that coins give us good profit because banks always make great investment in the coins when they start to work in the coins.