Russian finance ministry, central bank weigh crypto trading pilot for top-tier investors

Russia is considering the exchange of experimental cryptocurrencies for high-level investors, with a minimum detention of $ 250,000.

Russia Explore the idea of ​​launching an experimental cryptocurrency exchange for high-level investors, a decision that would allow a selected group to participate in the cryptocurrency market, the press agency controlled by the Interfax State reportsQuoting Aleksey Yakovlev, the head of the Ministry of Financial Policy of the Ministry of Finance.

According to the report, the Ministry of Finance and the Russian Bank are leading the project conferences, which aims to create a safe space for cryptographic trading. However, the plan is still at its beginnings, added Yakovlev without developing on the details.

It is understood that the pilot would only be open to high -level investors – professional market players and individual investors – with personal assets at least 24 million rubles ($ 250,000).

Although the possession of crypto is authorized in Russia, using it as a legal call for tenders is prohibited. Officially, the country has no centralized exchange for cryptocurrencies. This means that individuals cannot exchange crypto only on foreign platforms.

However, like Crypto.News reported Earlier, Guarantx, an exchange of crypto sanctioned by the United States and the European Union, seems to be one of the largest exchanges based in Russia operating for the purpose of the Kremlin. The exchange has offices in the Tower of the Moscow Federation and allows deposits and withdrawals in rubles to Russian bank cards, including those of Sberbank, Tinkoff and Alfa-Bank.