Russia Plans State-Run Crypto Exchange for Elite Investors
Russia is preparing to launch a government-regulated cryptocurrency exchange aimed exclusively at highly qualified investors. Spearheaded by the Ministry of Finance (Minfin) and the Central Bank of Russia (CBR), the move is part of a controlled effort to bring crypto transactions under legal oversight, especially for cross-border settlements amidst sanctions.
Russia’s Supreme Court Moves to Classify Crypto as Property
Russia’s Supreme Court is advancing efforts to classify cryptocurrency as property in penal cases, a move aimed at enhancing law enforcement’s ability to track, freeze, and confiscate illicit digital assets. Recognizing Crypto as Property The Russian Supreme Court is working on a legislative initiative to define digital currencies as property
