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Russia reportedly eyes controlled crypto trading for wealthy investors

Russian Crypto Trading Framework in the Works The Russian government is taking steps towards a controlled framework for crypto trading. According to reports, the Ministry of Finance and the Central Bank are collaborating on a project that would allow certain high-net-worth individuals to trade digital assets in a structured and regulated manner. Select Investors Eligible for Experimental Project Under the proposed framework, only select entities would be able to participate in the experimental project. These entities would likely be high-net-worth individuals or institutions with a proven track record in the financial industry. This restriction aims to minimize the potential risks and volatility associated with crypto trading. Structured Legal Environment for Crypto Trading One of the main objectives of this project is to provide a structured legal framework for crypto trading in Russia. This would help to eliminate the current ambiguity...