The Russian Ministry of Finance and the Central Bank will launch a CRIPTO exchange for “super-qualified investors”
RussiaThe Ministry of Finance and the Bank of Russia have been placed to launch the cryptocurrency together exchange Designed exclusively for supervalified investors, as part of wider efforts to bring the crypting business into a formal regulatory framework, according to a RBC report.
“Together with the Central Bank, we will launch a CRIPTO exchange for supervalified investors, and the crypto operations will be performed from the shadows, but also those who have been implemented in the experimental legal regime,” said the Ministry of Research of Siluanov, that Cripto was performed within the realization, as it was performed the Ministry of Finance RBC.
Moving follows the proposal of the Central Bank to introduce an experimental legal regime (ELR) for three years, allowing the selected group of investors for legal trade cryptocurries. Concept centers around the new category Investor-super qualified investors defined by strict wealth and income thresholds.
Previously, the Central Bank suggested that this status is granted to individuals with at least ₽100 million in securities or deposits or annual income exceeding ≥50 million. However, the Ministry of Finance indicated that these requirements were not final.
“It may be in this format or these indicators will be in some way in one direction or other – it is possible. I think it will be a wide range of discussions,” Osman Kabaloev said, Deputy Director of the Ministry of Ministry.
The initiative has already received a traction among financial institutions. In March, Vladimir Krekoten, the General Manager for Sales and Business Development, confirmed the readiness to launch the trading-related trading, saying the platform at the “maximum level of readiness” and could start working in 2025. Years.
Stock Exchange Petersburg (SPB Exchange) has expressed similar ambitions. “SPB Exchange supports initiatives aimed at expanding the possibility of investing investors and diversify their strategies. We plan to start trading products related to cryptocurrency value,” said said RBC investments.
While some firms see it as a transformative shift, others remain skeptical. Igor Danilenko, a head management in Renaissance capital, rejected the cropto as a sustainable means of inflation without resorting to tokens without any actual collateral, which depends on the inflows of new customers and is very similar in essence. “
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2025-04-24 00:32:00
