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A Russian network of pawnshops plans to issue loans secured by cryptocurrencies, 2026/01/13 14:03:47
The Russian pawnshop chain Mosgorlombard announced that it is considering the possibility of issuing loans to customers secured by cryptocurrencies.
Representatives of the group of companies said that at the first stage it is planned to issue loans secured by cryptocurrencies themselves, and in the future to study other similar assets – digital collectibles, elements of the virtual economy (including in-game digital objects and other forms of digital property).
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“The inclusion of pawnshops in the circulation of digital property will significantly increase the transparency and legitimacy of the circulation of digital currencies and assets. We see a request from borrowers to expand the categories of property accepted as collateral, including through digital currencies,” said Mosgorlombard CEO Alexey Lazutin.
Mosgorlombard reported that in order to clarify the rules for working with digital assets and reduce risks from illegal transactions, they will hold consultations with the Bank of Russia.
In India, there is a network of Unicas pawnshops, in whose offices clients can obtain a loan secured by cryptocurrency. In the UK capital London, pawn shop Suros Capital provides loans of up to £2 million secured by non-fungible tokens (NFTs).
Earlier, the Social Fund of Russia, which is responsible for managing the state pension system, notified that in 2025 they began to encounter much more often the desire of people to receive their pensions in cryptocurrency.
