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Russia allows banks to offer crypto products to accredited investors

Cointelegraph.com NewsThe Bank of Russia has permitted financial institutions to offer certain cryptocurrency-based financial instruments to accredited investors.Russian banks are now free to provide qualified investors with a range of crypto products, including crypto derivatives, securities and other digital financial assets tied to crypto prices, the central bank announced on May 28.A key stipulation, however, is that these products must not… 

​The Bank of Russia has permitted financial institutions to offer certain cryptocurrency-based financial instruments to accredited investors.Russian banks are now free to provide qualified investors with a range of crypto products, including crypto derivatives, securities and other digital financial assets tied to crypto prices, the central bank announced on May 28.A key stipulation, however, is that these products must not… 

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