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Russia's central bank, finance ministry to launch crypto exchange

Russian investors who meet wealth and income thresholds could soon be able to trade and sell crypto on an exchange backed by the Russian Ministry of Finance and the central bank.
The Russian Ministry of Finance and the Central Bank have launched a new cryptocurrency exchange called "Platforma" in collaboration with the Moscow Exchange and the National Settlement Depository. This platform aims to facilitate the trading of digital financial assets (DFAs) and is part of Russia's broader strategy to integrate cryptocurrencies into its financial system. The exchange will initially focus on DFAs, which are similar to security tokens, and will not include cryptocurrencies like Bitcoin or Ethereum. The launch of Platforma is seen as a significant step towards regulating and legitimizing the use of digital assets in Russia, aligning with the country's recent legislative efforts to create a comprehensive legal framework for cryptocurrencies.

Read the Full CoinTelegraph Article at:
[ https://cointelegraph.com/news/russian-ministry-finance-central-bank-launch-crypto-exchange ]