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Russia Prepares State-Backed Crypto Exchange for Super-Qualified Investors
Russia Prepares State-Backed Crypto Exchange for Super-Qualified Investors
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Russia is taking a decisive step toward legitimizing cryptocurrency by launching a state-backed exchange exclusively for high-net-worth investors. The initiative, a joint effort between the Ministry of Finance and the central bank, aims to bring digital asset transactions under regulatory oversight. Operating under the country’s experimental legal framework for financial innovation, the platform will cater to a select group of qualified participants, allowing them to trade crypto assets in a controlled environment. The move reflects a broader trend of institutional adoption, as governments seek to balance innovation with accountability in the rapidly evolving digital economy.
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