The Central Bank of Russia allows financial companies to provide encryption derivation services to accredited investors.

GateUser-6433627c · 2025-05-29T07:42:10+00:00

The Russian bank allows financial institutions to provide financial derivations linked to the prices of Crypto Assets for accredited investors, but requires that these issuances are "non-deliverable," and investors can only access price Fluctuation. A conservative approach is recommended for such risks, providing full capital coverage, setting limits, and offering guidance in the future.

GateUser-6433627c

2025-05-29 07:42:10

Abstract generation in progress

On May 29, The Block reported that the Russian Bank announced on Wednesday that it currently allows financial institutions to provide financial derivations, securities, and digital financial assets linked to the prices of Crypto Assets to accredited investors. Notably, the Russian Central Bank stated in Wednesday’s announcement that the condition for allowing such issuances is that they must be “non-deliverable,” which means that investors can access the Fluctuation of Crypto Assets prices but cannot access the actual digital assets. The Russian Central Bank stated in the announcement: “It is recommended that lending institutions adopt a conservative approach to assess the risks associated with these tools: provide full capital coverage and set separate limits for them.” It also added that further guidance on such risks will be provided this year.

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