Russia to allow investment funds to buy crypto derivatives
The post Russia to allow investment funds to buy crypto derivatives appeared on BitcoinEthereumNews.com.
Russia’s central bank intends to permit funds to invest in derivatives based on crypto assets, a representative of its management has indicated. The goal is to admit management companies to the growing market, as currently only brokers provide qualified investors with access to such instruments. Bank of Russia to give funds access to cryptocurrency derivatives in 2026 The Central Bank of Russia (CBR) plans to allow investment funds to acquire crypto derivatives and is likely to do that next year, RBC reported, quoting one of its top executives. Valery Krasinsky, deputy head of the bank’s Investment Finance Intermediation Department, made the announcement during the Capital Markets 2025 forum, organized by the Russian business news outlet. Speaking on the sidelines of the event, Krasinsky explained: “Indeed, we plan to level the playing field with brokers and allow settlement derivative financial instruments on cryptocurrency, on digital currencies [for management companies].” In May of this year, the CBR issued a circular authorizing financial institutions to launch crypto derivatives on the Russian market. A number of firms immediately came up with various offerings, as reported by Cryptopolitan. These products, such as futures contracts on the shares of leading exchange-traded funds (ETFs) tracking the price of Bitcoin (BTC), are currently sold by brokers. In July, the Bank of Russia made it clear it’s open to permitting management firms to buy crypto assets for mutual fund portfolios. However, it didn’t set a deadline for when this might happen. Maintaining that access to crypto assets should be limited, the regulator proposed in March a special “experimental legal regime” allowing “highly qualified” investors to trade coins and derivatives. Both companies and individuals can fit in that category, but private citizens need to prove investments in securities and deposits exceeding 100 million rubles or income from the past year…
Filed under: News - @ September 11, 2025 11:30 am