Russia Launches Elite Cryptocurrency Exchange for High-Net-Worth Individuals

As sanctions restrict traditional finance, Russia is creating a government-backed crypto exchange specifically targeted at its ultra-wealthy. This initiative will offer access to the burgeoning world of digital assets only to those exceeding specific financial thresholds and earning substantial incomes. Developed in partnership between the Ministry of Finance and the Central Bank of Russia, this move marks a dramatic shift for the nation’s approach towards crypto.