Russia to Launch Exchange for Selected Investors

The Ministry of Finance and the Bank of Russia will launch a crypto exchange aimed at super-qualified investors, TASS reports, citing Finance Minister Anton Siluanov.

The official emphasized that the new project will help legalize digital assets and bring transactions with them out of the shadows.

Siluanov noted that this is not about the internal market, but about activities within the framework of the experimental legal regime (ELR).

On March 12, the Central Bank proposed allowing qualified individuals to trade cryptocurrencies within the framework of a three-year EPR.

On March 21, the central bank allowed restrictions on settlements between residents of the country outside of experimental legal regimes.

Источник: cryptocurrency.tech