Russia opens crypto CFDs to professionals

• Russia will allow licensed forex dealers to offer crypto CFDs to qualified investors.
• Retail investors will not have access to the new products.
• The move expands regulated crypto investment options without allowing direct cryptocurrency ownership.

Russia's central bank will allow licensed forex dealers to offer cryptocurrency contracts for difference (CFDs) to qualified investors.

The new rules limit crypto CFDs to professional investors who meet Russia's eligibility requirements.

"The decision applies only to qualified investors," the Bank of Russia said.

Crypto CFDs let investors trade cryptocurrency price movements without buying or holding digital assets.

The Bank of Russia said licensed forex dealers must follow existing financial regulations when offering the products.

Russia has gradually expanded regulated cryptocurrency investment options while keeping restrictions on direct crypto payments.

The new rules give qualified investors another regulated way to gain exposure to cryptocurrency markets.