Russia Unveils Crypto Exchange for Elite Investors

Russia is taking a significant step towards integrating crypto into its formal economy by establishing a specialized crypto exchange exclusively for high-net-worth investors. Announced by Finance Minister Anton Siluanov on April 23, 2025, the exchange will operate under an experimental legal regime, marking a crucial shift from shadow crypto operations. The move is aimed at bringing crypto assets out of the shadows and potentially influencing global markets over time.