#EthereumFuture ¡Don’t play the rubles! Russia plans the creation of a state exchange

The Russian Ministry of Finance and the Central Bank confirmed this Wednesday the creation of a state platform to operate cryptocurrencies, which will only be available to "super-qualified" investors.

The announcement was made by Minister Anton Siluanov during an expanded meeting of the ministerial council in Moscow. The idea of the plan is to formalize the digital asset market under a controlled experimental framework.

Details of the initiative

The exchange will operate under the Experimental Legal Regime (ELR), a pilot scheme active since September 2024 that allows crypto transactions in foreign trade but prohibits its use for internal payments. Siluanov emphasized that the goal is to "legalize crypto assets and bring these operations out of the shadows," although he clarified that it will not imply widespread adoption in the domestic economy.

Requirements that “super-qualified” investors must meet

- Assets in securities or deposits exceeding 100 million rubles (USD 1.2 million)

- Minimum annual income of 50 million rubles (USD 600,000)

However, Osman Kabaloev, Deputy Director of Financial Policy at the Ministry, warned that the requirements are still under review and may be adjusted after legislative consultations.

Impact on the market and reactions

The market showed immediate indifference: Bitcoin ($BTC ) and Ethereum ($ETH ) maintained price stability, reflecting the limited scope of the measure.