Bank of Russia Approves Crypto-Linked Derivatives for Qualified Investors
Russia’s Central Bank has greenlit the trading of non-deliverable crypto-linked financial instruments for qualified investors, marking a cautious step toward digital asset integration. The MOVE allows derivatives, DFAs, and securities tied to cryptocurrencies—but strictly bars physical delivery or public participation.
Institutions must fully collateralize positions and enforce exposure limits to mitigate volatility risks. The central bank reiterated its anti-crypto stance, warning against direct investments despite the new framework.
This development aligns with Russia’s broader push to regulate digital assets, with legislative proposals under review. The policy reflects a global trend of institutional crypto adoption—albeit with heavy safeguards.
