Russia to Launch Crypto Exchange for Top Investors
Russia’s finance ministry and central bank are teaming up to launch a new crypto exchange, but it won’t be available to everyone. The platform will be limited to an exclusive class of “super-qualified investors” as part of a three-year experimental legal regime.
Finance Minister Anton Siluanov announced the plan during a recent government meeting, saying the goal is to bring crypto trading out of the shadows and into a controlled, legal environment. “Together with the Central Bank, we will launch a crypto exchange for super-qualified investors. Crypto assets will be legalized, and operations will be brought out of the shadows,” he said.
However, he also clarified that this will happen only under the framework of the…