Central Bank of Russia Approves Non-Deliverable Crypto-Linked Derivatives, Excludes Direct Crypto Purchases for Qualified Investors

The Central Bank of Russia has authorized financial institutions to offer crypto-related products, including derivatives, securities, and digital financial assets, to qualified investors. These products are non-deliverable, meaning investors will not receive direct cryptocurrency ownership or delivery. The move excludes direct purchases of cryptocurrencies such as Bitcoin but allows exposure through crypto-linked financial instruments.

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