Russia’s Central Bank intends to establish mutual funds for crypto investments, signaling a notable shift in its approach towards regulated crypto activities. High-ranking official Olga Shishlyannikova confirmed that discussions with market participants will be a priority, although direct investments in crypto remain discouraged.
Amendments to existing regulations will be necessary for the establishment of these mutual funds, anticipated by 2026 as part of the Bank of Russia’s next regulatory plan. This aligns with ongoing developments in the Russian crypto landscape, including the introduction of the digital ruble.
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