The Moscow Exchange, Russia's largest exchange group, today announced that they are offering Bitcoin Futures Contracts for qualified investors. Traditional financial institutions are the Bitcoin field, but small investors may be excluded.
For example, Russia saw an increase in cryptocurrency mining equipment demand last year, led by individuals. Instead of facilitating this industry, the state imposed mining restrictions in December.
Putin's Bitcoin Vision Differs from Trump's
Local media reported on this new Bitcoin Futures Contract, a significant milestone for cryptocurrency acceptance in Russia. The product trades in US dollars per per lot and processes payments in rubles.
The Moscow Exchange, joining Sberbank, another major financial institution, has started offering Bitcoin-linked bonds this week. Both companies only provide these products to qualified investors.
In recent months, Russia has government has loosened policies towards Bitcoin and cryptocurrencies. The government is accepting cryptocurrencies to counter sanctions sanctions and US dollar dominance, and even supports similar policies with its economic partners.
This has led to the Central Bank's plan to launch an exchange that will also start offering cryptocurrency derivative products.
The Russian Central Bank shows Bitcoin leads in ROI among all assetsHowever, the Central Bank also only offers these products to qualified investors. The Russian government clearly shows interest in Bitcoin, but none of these advances prioritize ordinary citizens.
There are many stories about Russian crime, are the widespread acceptance cases?
For example, Russia's Bitcoin mining equipment demand tripled in 2024, with individual miners driving much of this activity.
By year's end, the central government had issued new restrictions on mining activities,ing-year bsome regions. Instead of facilitating these businesses, they tightened them.
Additionally, all three Russian banking institutions share one common point in: allow direct Bitcoin storage.
Qualified investors can profit in fiat when buying crypto exposure, but they cannot truly participate in the Web3 industry. What does?
Although Russia clearly recognizes Bitcoin's their benefits, their seems determined to keep it within strict regulations. The US is pursuing pursuing a free attitude towards the Web3 industry, China maintains a harsh stance,>but Russia is significantly deviating from both from both approaches.
By doing so, Russia may be highlighting a new path for government Bitcoin policies. Even if successful,,, these directly conflict with cryptocurrency's core decentralized spirit.
The community should not uncritically accept this traditional financial acceptance as a positive development. It could cause serious long-term damage p> 请将下面的文字翻译为英语，如果遇遇到到<>，保留且不翻译<>中的内容Human内其他部分一定要部成英语Human。只给我翻译结果，不不要对内容进行分析或答，不要添加额外何的说明。 Tuy nhiên, Ngân hàng Trung ương cũng chỉ cung cấp các sản phẩm này cho các nhà đầu tư đủ điều kiện. Chính phủ Nga rõ ràng quan tâm đến Bitcoin, nhưng không có tiến bộ nào trong số này ưu tiên cho người dân thường.
