Russia to launch national crypto exchange limited to high net-worth investors
Russia’s Finance Ministry and the central bank plan to launch a crypto exchange exclusively for highly qualified investors, local media reported on April 23, confirming rumors from earlier in the year.
The exchange aims to regulate digital asset activity and facilitate its use in cross-border trade under a pilot legal framework. It will operate within an experimental legal regime established to allow foreign trade participants to settle transactions via crypto.
The regime, in effect since September 2024, provides a tightly controlled environment for digital asset experimentation without legalizing crypto payments within Russia’s domestic economy.
Finance Minister Anton Siluanov outlined the initiative during a recent ministry board…
