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.Source: https://expobank.ru/about/press-center/2020.08/19833/
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