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Bank of Russia Approves Crypto Investments for Qualified Investors

  • The Bank of Russia has approved the trading of financial instruments tied to crypto prices for qualified individuals.
  • Investors can participate in non-deliverable instruments, where they receive payouts based on price movements without holding the digital assets.
  • The central bank is enforcing strict risk controls, requiring financial institutions to back positions with capital and implement exposure limits.
  • Russia is advancing efforts to regulate digital assets, including a pilot program restricting crypto transactions to certain investors and plans for a government-run crypto exchange.

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