Russian Banks Launch Bitcoin-Linked Crypto Products

Russian Banks Launch Bitcoin-Linked Crypto Products
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Russian banks have begun offering Bitcoin-linked investment products after receiving approval from the central bank. These products, available only to accredited investors, include crypto derivatives and securities.

  • Bank of Russia permits crypto-linked financial products for accredited investors.
  • Products include derivatives and securities but exclude direct cryptocurrency delivery.
  • Approval reflects cautious regulatory approach to crypto in Russia.
Related Tags: Bitcoin
Other Tags: Bank of Russia
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