Russia’s Ministry of Finance and Central Bank are set to launch a crypto exchange exclusively for “super-qualified investors” under an experimental legal regime. Finance Minister Anton Siluanov stated that this initiative aims to legalize crypto assets and bring transactions out of the shadows. To qualify, investors must have assets exceeding 100 million rubles ($1.2 million) or an annual income over 50 million rubles ($602,000). The exchange will operate outside domestic markets, aligning with Russia’s broader crypto reforms.

Source: https://www.rbc.ru/quote/news/article/6808fd559a79472921dc2