The Russian Ministry of Finance and the Central Bank are discussing the launch of domestic cryptocurrency trading under an experimental legal framework
ChainCatcher news, according to TASS, the Russian Ministry of Finance and the Central Bank are discussing the launch of domestic cryptocurrency trading under an experimental legal framework, limited to participation by "super high-qualified" investors. The specific criteria for this category are still being developed. Officials from the Ministry of Finance stated that if consensus is reached on the experimental system, investor qualification standards, and risk management, a formal proposal may be submitted to the government. Currently, discussions are ongoing among the Ministry of Finance, the Central Bank, and market participants.Previously, Putin signed a law in August 2024 allowing cross-border payments and cryptocurrency trading under an experimental legal framework starting from September 2024, with regulatory authority assigned to the Central Bank.