Bank of Russia Legalizes Crypto Investment for “Qualified Investors”

According to a 28 May 2025 filing by the Bank of Russia, financial institutions can offer “qualified investors” financial derivatives, securities, and digital financial assets whose yields are linked to cryptocurrency prices. Notably, this is a three-year-long experiment. In a press release, the Bank of Russia said that the key condition is that such instruments.. The post Bank of Russia Legalizes Crypto Investment for “Qualified Investors” appeared first on 99Bitcoins.

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May 29, 2025 - 22:00

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According to a 28 May 2025 filing by the Bank of Russia, financial institutions can offer “qualified investors” financial derivatives, securities, and digital financial assets whose yields are linked to cryptocurrency prices. Notably, this is a three-year-long experiment.

In a press release, the Bank of Russia said that the key condition is that such instruments must be non-deliverable.

The legality of cryptocurrency in Russia remains complex. Widespread adoption of crypto in Russia is still largely discouraged. “Qualified investors” or high income individuals with significant financial assets are allowed to own crypto.

Meanwhile, the country’s largest bank, Sberbank, is gearing up to become an official market maker for the country’s regulated crypto platforms. According to local media reports published on 27 May 2025, Sberbank will be a liquidity provider and a market maker on Russian-regulated platforms. Hence, super-qualified investors can trade directly with cryptocurrencies.