Bitcoin in Russia. Russia is a country whose position in the cryptocurrency sector remains difficult to identify. Indeed, the declarations of the Kremlin on this subject oscillate between an adoption desire and restrictive measures. However, the recent approval of the central bank concerning Bitcoin term contracts has been taken into account by players in the financial sector. Because the Moscow Stock Exchange has just launched this type of derivative products for “qualified investors. »»
- Russia has approved Bitcoin term contracts, marking a turning point in its complex policy towards cryptocurrencies.
- The Moscow Stock Exchange has launched Bitcoin term contracts for qualified investors, reflecting growing demand and intriguing economic strategy in the face of international sanctions.
Russia approves Bitcoin term contracts
Russia is a country whose relationship to cryptocurrencies is complex. Because it oscillates between a desire to strict regulation and local initiatives In connection with effective adoption.
At the same time, the government of Vladimir Putin seems determined to Take advantage of this digital economy In full explosion. This is the reason why he recently authorized the use of cryptocurrencies as part of its international exchanges. This is to circumvent the economic sanctions imposed by the United States and its allies.
A dynamic which also allowed the central bank of Russia (CBR) of take an important step towards qualified investors. Because this body has valid the principle of derivative products backed by cryptocurrencies. And more particularly Bitcoin term contracts.
A decision that has just found a favorable echo with the Moscow Stock Exchange. Because the latter announces the launch of these BTC term contracts. But only for Qualified investors.
The Moscow Stock Exchange opens its doors to qualified investors
The Moscow Stock Exchange has therefore just announced the launch of Bitcoin term contracts intended for qualified investors. This in order to ride the wave of ETF Bitcoin in cash from the United States. But also for Respond to local demand.
Indeed, according to the Sberbank bank, » The number of private customers which negotiate contracts on the Moscow Stock Exchange increased by 40 % Since the start of the year. »With a share of 30 % on the total volume of transactions.
These are term contracts apparently linked to the value ofETF Ishares Bitcoin Trust (Ibit) side in the United States. With a price set in US dollars per batch, but a regulation made in Russian rubles. And a first deadline set in September 2025 as theexplain Mox, the main Russian scholarship.
Russia continues to play on both paintings Regarding cryptocurrencies. Because it comes from Launch a digital version of its rublewhile opening the doors of Bitcoin term contracts For qualified investors. A situation that does not prevent it from actively participate in the economic war waged by the BRICS against the dollar.