Russian Central Bank Greenlights Crypto-Linked Products for Qualified Investors
The Bank of Russia is cautiously opening up the financial system to cryptocurrency-linked products for qualified investors, but with strict conditions. Financial institutions can now offer non-deliverable derivatives, securities, and digital financial assets whose returns are tied to crypto prices, meaning clients won’t directly hold cryptocurrencies. The central bank mandates a conservative risk assessment approach, […]
The Bank of Russia is cautiously opening up the financial system to cryptocurrency-linked products for qualified investors, but with strict conditions. Financial institutions can now offer non-deliverable derivatives, securities, and digital financial assets whose returns are tied to crypto prices, meaning clients won’t directly hold cryptocurrencies. The central bank mandates a conservative risk assessment approach, […] 
