Waves news & headlines

Russian regulators have been working hard recently to come up with adequate regulations for the crypto industry. However, their efforts have yet to be included in the nation’s law. Despite this, one of the country’s banks has decided to go ahead and issue the first-ever crypto-backed loan, despite the still on-going lack of regulatory clarity. Russian bank issues the country’s first crypto loan According to a recent report by a local news agency, Russian Expobank recently issued the credit through issuing a bank loan powered by a crypto project Waves (WAVES). In other words, the loan relies on Waves tokens