Russia Unveils Crypto Exchange for Qualified Investors, Targeting Legalized Operations

Russia’s Finance Ministry and Central Bank have announced plans for a new cryptocurrency exchange targeted at qualified investors. This initiative aims to bring crypto operations out of the shadows by legally legitimizing assets and utilizing an experimental legal framework. The move, spearheaded by Finance Minister Anton Siluanov, seeks to expand access to crypto markets while navigating regulatory ambiguities through this experimental legal regime.