俄罗斯经济

Even the combatant nation can't hold on! The Moscow Exchange launches Bitcoin futures, is the crypto world about to change?

That group of tough guys in Russia who love to wear fur are actually starting to play with Bitcoin futures! The Moscow Exchange's move is simply more surreal than the Christmas carols suddenly playing on the battlefield in Ukraine.

Even the combatant nation can't escape the 'true fragrance law.'

Weren't we supposed to be 'de-dollarizing'?
Last year, the Russian central bank was still banning cryptocurrency trading, and this year they are opening the green light for qualified investors. This change happened faster than Ethereum's transition to POS. If you ask me, this isn't a compromise; it's clearly a realization — the energy stick doesn't sway the globe, Bitcoin is the real hard currency.

Is the 'nuclear button' of the crypto world handed over to the Russians?

Don't think that Russians only know heavy industry; they have a hereditary skill in leveraging. The Bitcoin futures launched by the Moscow Exchange directly targets CME, but the entry threshold is absurdly low — as long as you are a 'qualified investor,' you can enter the market with just $100,000. This move is likely to draw in all the miners and oil tycoons from Eastern Europe, and Bitcoin's volatility may be more intoxicating than vodka.

Is it a frenzy for the retail investors, or a feast for the institutions?

Old retail investors know that the futures market has never been a game for individual investors. Russia's apparent openness actually keeps 99% of people outside — if you don't have a few million rubles in assets, you can't even touch the doorknob. But the undercurrents are even stronger: Bitcoin futures settled in rubles can easily bypass SWIFT sanctions, and Putin's chess game is deeper than blockchain.

My exclusive spoiler

If you ask me, the most ruthless part isn't the futures themselves. Is this the script before the Chicago Board Options Exchange launches Bitcoin futures?
#俄罗斯经济
Finally, follow me to see through the phenomenon to the essence, let's travel through the bull and bear markets together.

Sberbank Launches Bitcoin Bonds, Opening a New Chapter in Cryptocurrency Investment

Sberbank, Russia's largest bank, has launched structured bonds linked to Bitcoin, creating new channels for investors while marking a significant advance for cryptocurrency instruments within Russia's regulated financial system.

These bonds are currently available on the over-the-counter market to a limited number of qualified investors, with returns linked to the dollar price of Bitcoin and the dollar-to-ruble exchange rate, settled in rubles and fully incorporated within the Russian legal framework, requiring no need for investors to open a crypto wallet or use offshore exchanges.

Sberbank also announced that future Bitcoin-linked structured bonds will be listed on the Moscow Exchange to enhance accessibility, transparency, and liquidity for domestic investors, and plans to launch more cryptocurrency trading products, including Bitcoin futures to be issued through SberInvest on June 4.

This initiative highlights Sberbank's important role in modernizing Russia's financial infrastructure, marking a cautious integration of crypto assets under government regulation. Although there are still controversies regarding cryptocurrency in Russian policy, such products provide a compliant pathway for investors to participate in the digital asset economy. This indicates that Russia is beginning to adopt a more pragmatic attitude toward cryptocurrency.

Meanwhile, the Bitcoin futures are scheduled to be listed on June 4 at the Moscow Exchange, supported by major institutions like Sberbank, allowing Russia to operate within a closed, regulated framework that limits capital outflow while keeping pace with global digital trends.

In summary, the structured bond plan launched by Sberbank is a bold attempt at integrating traditional finance with cryptocurrency. If it proceeds smoothly under strict regulation, it could become a classic example of coexistence of risks from both sectors, providing a replicable model for the acceptance of crypto assets in the Russian capital market, and possibly becoming a breakthrough point for innovation in the Russian financial market.

What do you think about Sberbank's launch of Bitcoin bonds and futures? Does this signify a gradual acceptance of cryptocurrency in Russia? Leave your comments for discussion!

#俄罗斯经济 #结构性债券 #加密货币