Bank of Russia Approves Crypto-Linked Derivatives for Qualified Investors

Bank of Russia Authorizes Crypto-Linked Financial Products for Qualified InvestorsThe Bank of Russia has announced a significant shift in its regulatory stance, authorizing licensed financial institutions to offer crypto-linked derivatives, securities, and digital financial assets to qualified investors.According to the central bank, all such instruments must be non-deliverable, meaning investors will not directly receive cryptocurrency as part of their holdings. This restriction aims to maintain regulatory oversight while enabling greater access to crypto-related investment exposure.