Main page > About the company > News and mailing > Jurisdictions news > The first cryptocurrency credit was issued in Russia

The first cryptocurrency credit was issued in Russia


For the first time in Russia, a deal with digital assets was conducted – the first credit, secured by blockchain tokens, was issued. The information about that is posted on the website of LLC “Expo-Bank” on August, 19, 2020.

The above transaction is unprecedented, and for the banking and the legal world.According to the representative of Expobank LLC, the escrow mechanism is the most optimal way to promptly fulfill obligations by transferring property in the form of deposited digital assets. The tokenized investment market is actively developing and has great potential.


Back to the list news

Quickly and confidentially.
A qualified expert will give you a free consultation by telephone, help to determine the position and make an appointment at any time that suits you.
Call just now by phone: +44 203 608 22 48
E-mail us:


12/18/2020 12:41:00

Cyprus Parliament approves tax breaks for foreigners

The Parliament of the Republic of Cyprus has approved a bill on granti ...

Read more

12/08/2020 12:43:00

Saxo Bank has published "shocking predictions" for 2021

Denmark's Saxo Bank has published its annual "shocking predictions", w ...

Read more

12/07/2020 12:39:00

Denunciation of the Agreement with the Netherlands

The Ministry of Finance of the Russian Federation begins to denounce t ...

Read more