Russia is planning to launch a state-controlled crypto exchange, but it will only be open to a small group of elite investors known as "super-qualified investors." These are individuals or institutions with strong financial backgrounds, legal clearances, and professional experience in handling complex investments. The idea is to limit access to people who understand the risks and won’t misuse the platform.

By doing this, the Russian government aims to keep crypto trading within a controlled environment, reducing the chances of market speculation, fraud, or illegal activity. It also helps them maintain oversight, enforce regulations, and potentially collect taxes more efficiently.

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