The Bank of Russia has made a significant policy shift by allowing licensed financial institutions to offer crypto-based investment products, effective May 29th, 2025. This marks a notable departure from the country’s traditionally restrictive stance on cryptocurrency, focusing on qualified investors rather than retail trading. This new regulation grants these investors access to products linked to cryptocurrency prices without providing actual physical ownership of the assets. The central bank has implemented stringent risk controls and exposure limits for participation in these products. This move signals a strategic shift towards regulated crypto financial solutions within Russia’s financial landscape, potentially influencing global regulatory trends.