According to the presented data, at the end of June, the volume of open positions of retail investors for a futures contract associated with the first cryptocurrency amounted to 1.25 billion rubles. At the same time, 97% of the total are held by private investors, most of which have investments of up to 500,000 rubles.
“It is worth noting that these tools have increased risks for investors: cryptocurrencies are volatile and risky tools, respectively, investments in tools, the pricing of which depends on them, will also have such characteristics,” the regulator said.
According to the Central Bank, a significant part of the funds falls on a limited number of large players with a portfolio of more than 100 million rubles. The share of the investments of large players in the range from 10 million to 50 million rubles is also expressed.
In March, the regulator said that he sent a proposal to the government to resolve transactions with cryptocurrencies within the experimental legal regime (EPR) for the category of “especially qualified” investors. The Central Bank noted that he does not consider cryptocurrency as a payment fund, therefore, it offers to introduce a ban on calculations between residents of transactions with cryptocurrency outside the EPR, and establish responsibility for violation of the ban.
Earlier, the Managing Director of the Mosbirzhi Derivatives Market Maria Patrikeeva said that the site is preparing to expand the list of instruments based on cryptocurrencies for qualified investors.
Source: Bits
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