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      Russia's Central Bank Amends Mutual Fund Investment Rules, Allowing Professional Funds to Invest in Digital Currency Settlement Indices

      PANews reported on September 24, citing Bits.media, that Russia's central bank has amended mutual fund investment rules, allowing funds targeting professional investors to invest in settlement indices linked to digital currency quotes. At the same time, retail mutual funds may also allocate a portion of 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% on investment in such assets and 20% for closed-end funds.


      Source: PANews
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud