The Moscow Exchange has launched bitcoin -linked futures contracts on Wednesday, yet the product is only available for qualified investors.The futures, seemingly tied to the value of the U.S.-listed iShares…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureRussia’s central bank has taken a cautious step toward crypto market engagement by authorizing a restricted group of…
The Bank of Russia said that financial institutions may offer crypto-linked instruments to qualified investors as the nation continues to explore crypto offerings."Financial institutions may offer qualified investors financial derivatives,…
In brief
The Bank of Russia announced that financial institutions can now offer crypto-linked derivatives to qualified investors.
These instruments must be "non-deliverable," meaning investors cannot actually own the underlying cryptocurrencies like…
The Bank of Russia has permitted financial institutions to offer certain cryptocurrency-based financial instruments to accredited investors.Russian banks are now free to provide qualified investors with a range of crypto…