The economist assessed the conditions for using cryptocurrencies in Russian derivatives

The use of quotes from foreign crypto exchanges as a base asset for Russian derivatives is possible, but requires precise adjustment and control by the regulator. Alexander Schneiderman, head of Alfa-Forex's Customer Support and Sales department, told Izvestia on November 18.

"Cryptocurrencies are actually traded mainly on foreign platforms, and it is their price dynamics that is the only objective guideline for calculations. However, there are two risks inherent in this approach: dependence on jurisdictions whose regulators can change the rules of access to data, and the technological vulnerability of the sites themselves. Therefore, the correctness of using these quotes will directly depend on which data sources the professional participants choose, how to ensure their continuity, and how the Central Bank will build requirements for the reliability of price providers," the expert said.

Schneiderman noted that the emergence of futures, options and structural bonds for cryptocurrencies is unlikely to lead to an increase in the volatility of the Russian stock market. These tools will be niche and designed for trained participants, and their impact will be limited to specialized segments. Traditional stocks and bonds, which have their own pricing mechanisms, do not depend on the crypto market.

"It is important that the Bank of Russia, according to the comments, intends to maintain the settlement nature of such instruments, which eliminates the direct turnover of cryptocurrencies and reduces potential systemic risks," the economist emphasized.

Experience and retail: which assets will be profitable to invest in in 2026

As the key interest rate decreases, demand for deposits will decrease.

Investor protection, according to the expert, should include several levels. We are talking about disclosing the risks associated with high volatility and the lack of internal infrastructure for the circulation of crypto assets, regulating sources of price information and restricting access to such tools. Schneiderman believes that such PFI should be offered primarily to qualified investors who understand the nature of the underlying asset and the nature of its fluctuations. Additionally, requirements for stress testing and stability of settlement systems should be applied in order to minimize the likelihood of technical failures.

The expert concluded that the launch of such tools could be an incentive for the further development of the Russian digital financial assets market.

On the same day, two sources in the financial market told RBC that futures and options with direct links to cryptocurrencies could become available to Russian private investors. The Bank of Russia intends to allow professional market participants — brokers, management companies and exchanges — to offer clients derivative financial instruments, as well as structural bonds, the value of which directly depends on the exchange rate of cryptocurrencies on foreign exchanges. The information was confirmed by the Central Bank.

Igor Kovalchuk, Commercial Director of the NC Logistic logistics operator, told Izvestia on September 12 that Russians have become more active in investing in commercial real estate due to their high profitability. According to him, warehouse facilities are the most popular among private investors, the demand for which has increased in recent years. Kovalchuk stressed that private investors' investments are becoming an increasingly important source of financing for new commercial projects, so developers simplify investment tools and advise those who want to invest in this asset.

All important news is on the Izvestia channel in the MAX messenger.