The Central Bank of Russia has announced significant changes in cryptocurrency regulation, allowing financial institutions to offer crypto-linked derivatives exclusively for qualified investors.
Changes in Cryptocurrency Regulation
On May 28-29, 2025, the Central Bank of Russia announced that financial institutions can offer crypto-linked derivatives to qualified investors. These changes aim to balance market participation and maintain financial stability.
Reactions from Financial Institutions
Major financial players such as T-Bank and Sberbank have quickly adapted to the new regulations and will begin to offer crypto-related investment products. The focus will be on non-deliverable derivatives that exclude direct crypto ownership.
Prospects and Risks of the New Approach
The new measures have already resulted in a significant 51% increase in crypto asset inflows. This change has long-term implications as it establishes a three-year pilot project for regulated crypto involvement, emphasizing institutional safeguards to maintain financial stability.
The permission for crypto derivatives for qualified investors represents a shift in the Central Bank's approach to digital assets. This has significant implications for both the market and the economy as a whole, necessitating caution and thoughtful integration of crypto assets into traditional financial frameworks.
