The Central Bank of Russia modifies mutual fund investment rules to allow professional funds to invest in digital currency settlement indexes

PANews reported on September 24 that according to Bits.media, the Central Bank of Russia has modified mutual fund investment rules to allow funds for professional investors to invest in settlement indexes linked to digital currency quotes. At the same time, retail mutual funds can also allocate certain unlisted Russian securities and foreign securities, including tokenized securities and shares of U.S. exchange-traded funds linked to cryptocurrency prices, with a cap of 10% in underlying assets and 20% in closed-end funds.