Russia's Central Bank Proposes Allowing Qualified Investors Access to Crypto Derivatives**
>
> The Russian Central Bank is developing plans to permit qualified investors to trade derivatives linked to cryptocurrency prices, according to a report by Foresight News. This initiative would authorize instruments such as non-deliverable derivatives, securities, and digital financial assets that reference crypto valuations, while maintaining the existing prohibition on direct cryptocurrency ownership.
>
> The bank aims to formalize regulations governing these crypto-linked derivatives within the next year. A primary objective is to establish a structured framework to mitigate risks associated with cryptocurrency price volatility for participating investors.
>
> Concurrently, the Russian government is reportedly reviewing separate proposals to create a controlled testing environment. This mechanism would allow specific, restricted groups of investors to trade actual cryptocurrencies under stringent regulatory oversight.