The Bank of Russia is taking a cautious approach to cryptocurrency, allowing only high-net-worth individuals access to crypto-linked investments. This move involves financial institutions offering non-deliverable products, like derivatives and securities, whose returns are tied to crypto prices. However, these products will not actually give investors direct control over coins. The Bank of Russia emphasized that this initiative is for qualified investors only, requiring strict risk controls and limits on exposure by banks. While exploring a crypto sandbox for restricted trading, the central bank issued warnings against direct cryptocurrency purchases while promoting its long-standing opposition to retail trading.