Finance
Russia's Central Bank to Allow Financial Institutions to Provide Crypto-Linked Instruments
The Bank of Russia has announced that it will permit financial institutions to offer crypto-linked financial products to qualified investors.
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The Bank of Russia has announced that it will permit financial institutions to offer crypto-linked financial products to qualified investors.
The new policy allows qualified investors in Russia to engage with cryptocurrency through financial instruments linked to crypto prices.
The central bank aims to create guidelines for crypto services while opening new investment channels for high-net-worth individuals.
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