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2025-05-29 08:14:14

Russia Allows Crypto-Related Products for Investors – But With These Limits

The post Russia Allows Crypto-Related Products for Investors – But With These Limits appeared first on Coinpedia Fintech News Russia’s central bank is slowly opening up to crypto-related products, but only in a very controlled way. The move comes at a time when several countries, including the U.S., European Union, Japan, and the UK, have placed strict sanctions on Russia , many of them targeting digital assets and crypto usage. So, what exactly does this mean for the market and investors? Russia Allows Crypto-Linked Products In a statement released this week , the Bank of Russia confirmed that financial institutions are now allowed to offer products that are linked to cryptocurrency prices. These include derivatives, securities, and digital financial assets. But there’s a catch, these products cannot be settled in actual crypto. In short, investors won’t be receiving Bitcoin or Ethereum but only products tied to their price movements. And these products won’t be for everyone. Only “qualified investors,” a restricted group with the required experience and financial background, will be able to trade them. The Bank of Russia has announced it will allow financial institutions to offer crypto-linked derivatives, securities, and digital financial assets to qualified investors. These must be non-deliverable products, meaning investors won't directly receive crypto.… — Wu Blockchain (@WuBlockchain) May 29, 2025 Strict Controls and Risk Warnings Even with this new step, the Russian central bank isn’t diving into crypto without a safety net. It told banks and other credit institutions to be extremely careful with these products. They must fully back these instruments with capital and also set limits to avoid big risks. Over the coming year, the Bank of Russia also plans to formalize rules that would better manage risks tied to the volatile nature of cryptocurrency prices. Global Pressure Through Sanctions Many countries have already cracked down on Russia’s use of digital assets. After the Ukraine conflict, the U.S., EU, Japan, and the UK imposed sanctions that also covered crypto to prevent Russia from using it as a loophole to move money. Because of this, Russia has been trying to find new ways to explore the digital finance world without breaking global rules. Russia BTC Holding Even though crypto rules in Russia aren’t very clear, the country has a lot of Bitcoin. The Central Bank of Russia and some government offices have gotten bitcoin either by buying it directly or by seizing it from criminal activities. It’s believed that Russia has over 50,000 BTC worth around $5.5 billion in total.

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