The Central Bank of Russia has approved new financial instruments linked to cryptocurrency for qualified investors, potentially reshaping the country's financial landscape.
New Financial Instruments by the Bank of Russia
The Central Bank of Russia announced permission for non-deliverable crypto-linked financial instruments. This decision, made on May 28, 2025, allows qualified investors to gain exposure to cryptocurrency price fluctuations without actual ownership of the digital assets.
Reaction from Financial Institutions
Major banks like T-Bank and Sberbank swiftly reacted to the changes, introducing new crypto-related offerings. T-Bank announced Bitcoin investments without the need for crypto exchanges, aligning with the new legal frameworks. Sberbank plans structured bonds, while the Moscow Exchange will offer Bitcoin futures.
Crypto Asset Market in Russia
These new offerings have resulted in a 51% increase in crypto asset inflows, reaching 7.3 trillion rubles. This indicates strong investor interest in cryptocurrencies and signals the necessity for regulatory adaptation.
The implemented measures may significantly impact Russia's financial ecosystem, providing more regulated investment options while limiting direct ownership of cryptocurrencies.
