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Bank of Russia Legalizes Crypto Investment for “Qualified Investors”

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According to a deposit of May 28, 2025 by Bank of Russia, FInancial institutions can offer “Qualified investors “financial derivatives, securities and digital financial activities whose returns are linked to cryptocurrency prices. In particular, this is a three -year experiment.

In a press release, Bank of Russia said that the key condition is that these tools must be not delivered.

The legality of the cryptocurrency in Russia remains complex. The widespread adoption of cryptocurrency in Russia is still largely discouraged. “Qualified investors” or high -income people with significant financial activities are authorized to own cryptocurrency.

In the meantime, the largest bank in the country, Sberbank, is preparing to become an official market maker for regulated encryption platforms in the country. According to local media reports published on May 27, 2025, Sberbank will be a liquidity supplier and a market maker on platforms regulated by Russia. Therefore, super qualified investors can exchange directly with cryptocurrencies.

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“Qualified investors will have access to products without direct properties of Crypto, similar to ETFs”

Alexander Zozullya, director of the Department of Global Sberbank markets has weighed. He said: “The bank of Russia took an important step by announcing the development of an experimental law regime (ELR) for cryptocurrency transactions”.

“We expect the emergence of a legal” sandbox “analogous to a regulated cryptocurrency platform,” he said, “in which super qualified investors will be authorized to operate directly with cryptocurrencies”.

According to Zozulya’s declaration, qualified investors will have access to products without direct ownership of cryptocurrencies, “similar to western exchange funds (ETF)”.

Russia has forbidden the use of Crypto for payments in 2021 pursuant to his law of “digital financial activities”. But the government has explored the ways to integrate the cryptocurrency in its financial system.

Explore: Russia plans to launch Crypto Exchange into an experimental legal framework

Russia Eyes National Stablecoin

Recently, a high Russian financial official required the development of a national Stablecoin Following the freezing of the United States government portfolios linked to the Crypto Exchange sanctioned Guarantex.

Osman Kabaloev, deputy director of the Financial Policy Department at the Russian Finance Ministry, said that recent events highlight the need for internal alternatives to popular Stablecoin as USDT. “We do not impose restrictions on the use of Stablecoin within the experimental law regime,” said Kabaloev.

He added that Russia should take into consideration the development of a stablecoin anchored to a different currency, probably the ruble. This would reduce exposure to foreign pressure.

The push for a Russian Stablecoin comes in the midst of the use of global Stablecoin. According to a joint study of Artemide and Dunes, the active Stablecoin portfolios recorded an increase of over 50% on an annual basis. The total market capitalization exceeded $ 200 billion at the beginning of 2025.

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Keyway keyway

  • The Bank of Russia is linking cryptographic investments for “qualified investors” through financial derivatives, securities and digital financial activities whose returns are linked to the prices of cryptocurrency.

  • The largest bank in the country, Sberbank, is preparing to become an official market maker for regulated cryptographic platforms in the country.

The Post Bank of Russia legalizes cryptographic investments for “qualified investors” appeared first out of 99 bitcoins.

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