Russia's Central Bank has announced that qualified investors can now access crypto derivatives, DFAs, and securities tied to cryptocurrencies.
Investors won't receive actual cryptocurrencies, only payouts linked to their price performance.
Strict criteria under Russian law will restrict access to these instruments, with an emphasis on conservative risk management.
The Bank of Russia maintains its anti-crypto stance for direct investments while exploring a potential pilot program for approved investors to engage with actual cryptocurrencies.