December 5, 2022

The planned launch of the national crypto exchange in the Russian Federation

The planned launch of the national crypto exchange in the Russian Federation

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Our legislators intend to launch a national cryptocurrency exchange with the support of the country's Ministry of Finance and the Central Bank of Russia.

Duma deputies are preparing amendments to the country's cryptocurrency legislation, which will lay the foundation for a national crypto exchange.
First, the amendments will be presented to the Russian government and the central bank.

Sergey Altukhov, a member of the Economic Policy Committee, said that the conditions for the legalization of cryptocurrency are necessary to “adjust the rules of the game,” so they do not contradict the position of the Central Bank and the government.

In June, the head of the Duma Finance Committee, Anatoly Aksakov, proposed launching a national crypto exchange within the framework of the Moscow Exchange.
In response, the Moscow Exchange drafted a bill on behalf of the central bank in September to allow the trading of digital assets in the country.