Russia Allows Financial Institutions to Offer Crypto-Linked Instruments to Qualified Investors

The Bank of Russia has announced that financial institutions may now offer crypto-linked financial instruments to qualified investors. Derivatives, securities, and digital financial assets tied to cryptocurrency prices fall under this new allowance.

Russia’s stance on crypto has softened as the asset class continues to gain traction. While the central bank maintains warnings against direct crypto investments, it has proposed a three-year experimental regime for qualified investors—a measure still under government consideration.

Reports indicate the finance ministry is preparing to launch a crypto exchange for highly qualified investors, though no timeline has been set. The central bank emphasized caution, urging credit institutions to mitigate risks through capital coverage and individual limits.

Regulatory frameworks for crypto-related risks are expected within the year, reflecting a conservative approach to price volatility in digital assets.