[Russian households invest 3.7 billion rubles in crypto derivatives] The Central Bank of Russia disclosed in its 'Financial Stability Assessment' report that in the second and third quarters of 2025, Russian households invested approximately 3.7 billion rubles (around $47.3 million) in cryptocurrency-based derivatives, with some of the funds flowing into Russian bonds linked to the value of digital assets. Individual investors' investments in cryptocurrency futures contracts on the Moscow Exchange were relatively small, with most of the 1,900 investors holding portfolios of no more than 500,000 rubles (around $6,400). A few large investors contributed the majority of the investment scale, with their open positions exceeding 100 million rubles (around $1.28 million). During the same period, the trading volume of Russian citizens on foreign crypto exchanges decreased by 18% compared to the previous two quarters.