Bank of Russia permits crypto-linked derivatives for qualified investors, marking a cautious shift in Russia’s crypto investment stance.
New rule allows financial institutions in Russia to offer non-deliverable crypto products like derivatives, securities, and digital financial assets.
Government plans to launch an exclusive crypto exchange for 'super-qualified' traders, led by the Central Bank of Russia and the Ministry of Finance.
Bank of Russia emphasizes the need for safe risk management by financial institutions and plans to introduce clear rules for crypto investments later this year.