🔵 The Bank of Russia proposed an experimental legal regime for 3 years, allowing a limited number of investors to trade crypto assets.
❓ Who will gain access?
“Highly qualified” investors with assets of over 100 million rubles or an annual income of over 50 million rubles.
Corporate funds and financial organizations.
Transactions with derivative instruments based on cryptocurrencies will be allowed, but without physical delivery.
❓ What remains prohibited?
Cryptocurrency will not become a legal means of payment.
There will be strict requirements for investors and risk assessment.
The Central Bank of Russia canceled the issuance of structured bonds linked to the Bitcoin ETF from BlackRock.
🔵 SPB Exchange announced plans to launch trading in financial instruments related to digital assets.
🔥 As of the end of 2024, 69% of all crypto assets owned by Russians will be in Bitcoin.