Translation. Region: Russian Federation –
Source: Central Bank of Russia
An important disclaimer is at the bottom of this article.
The Bank of Russia is lifting restrictions on qualified investors investing in settlement instruments whose value is tied to cryptocurrencies through mutual investment funds (MIFs).
The regulator continues to implement initiatives on the access of qualified investors to crypto assets. The relevant regulations contain draft instruction Bank of Russia.
The document also reflects some of the measures that the regulator has already taken discussed with the market. This involves expanding the list of non-exchange-traded securities in which retail mutual funds can invest. However, the share of such assets will be limited to 10% (20% for closed-end funds).
Furthermore, the calculation of concentration limits in retail mutual funds is being streamlined. Specifically, while previously a single company's assets accounted for 10%, this standard now applies to the entire group of related entities.
Comments and suggestions regarding the draft can be sent to the Bank of Russia up to and including December 9, 2025.
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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.