PANews reported on November 28th, citing Cryptopolitan, that the Central Bank of Russia stated that while investment in domestic cryptocurrency derivatives by Russian citizens is increasing, it does not pose a risk to the financial system. Its Financial Stability Assessment report released data for the second and third quarters of 2025: Russian households invested approximately 3.7 billion rubles (about $47.3 million) in cryptocurrency-based derivatives, some of which were Russian bonds with returns linked to the value of digital assets. Individual participants' investments in cryptocurrency-linked futures contracts on the Moscow Exchange were also small; of the 1,900 investors trading cryptocurrency futures, most had small portfolios, not exceeding 500,000 rubles (about $6,400). Meanwhile, the largest contributors to overall investment were a few large participants with open positions exceeding 100 million rubles (about $1.28 million). Furthermore, in the second and third quarters of 2025, trading volume by Russian citizens on foreign cryptocurrency exchanges decreased by 18% compared to the previous two quarters.

