Russia to Launch State-Backed Crypto Exchange for Wealthy Investors

Michael Taylor14 May, 2025News

Russia is getting ready to launch a government-backed crypto exchange—but only for the very wealthy. The Finance Ministry and the Central Bank are teaming up to roll out the platform under a special “experimental legal regime.” It was confirmed this week by Finance Minister Anton Siluanov during a ministry meeting. He said the goal is simple: bring crypto out of the shadows and into a legal framework. But this isn’t for everyday investors. Access will be limited to “super-qualified investors.” To qualify, individuals must have more than 100 million rubles which is equal to about $1.2 million in assets or earn at least 50 million rubles or $600,000 a year.