Russia crypto exchange plans have entered the spotlight as the Ministry of Finance, together with the Central Bank, announced the creation of a state-controlled digital asset platform. According to Finance Minister Anton Siluanov, the goal is to bring transparency to the sector and take crypto trading “out of the shadows.”
Russia Crypto Exchange to Target Super-Qualified Investors
The new Russia crypto exchange will only be accessible to “super-qualified investors.” These individuals must meet high financial thresholds, such as holding over 100 million rubles in securities and deposits or earning more than 50 million rubles annually. The project will operate in a three-year pilot phase.
Osman Kabaloev, Deputy Director of the Financial Policy Department at the Ministry of Finance, noted that the exact criteria might still change. “It might stay as proposed or be revised slightly — further discussions are expected,” he explained.
State-Controlled Crypto Trading Gains Ground
In March, the Central Bank proposed that highly qualified investors be allowed to legally trade digital assets. This marks a major policy shift in Russia’s digital asset regulation. A state-controlled crypto exchange represents a significant development in formalizing crypto activities.
Digital Asset Regulation in Russia Moves Forward
Meanwhile, logistics firm ETE urged Prime Minister Mikhail Mishustin to legalize cross-border crypto payments with foreign suppliers. The request reflects increasing demand for regulated tools to navigate sanctions and expand digital settlement options.
The Russia crypto exchange initiative shows how the government is cautiously embracing blockchain under strict control. The evolving rules for qualified crypto investors in Russia will define the country’s long-term approach to cryptocurrency integration.
