Russian Finance Minister: "Ministry of Finance and Central Bank Plan to Establish Exchange for Legalizing Virtual Asset Transactions"

Source
JH Kim

Summary

  • The Russian Ministry of Finance and Central Bank announced plans to establish a platform for legalizing virtual asset transactions.
  • A virtual asset trading platform targeting super-qualified investors is planned to be newly established or built on existing exchanges.
  • This measure is explained to aim at the legalization and regulation of specific virtual asset transactions.

According to the virtual asset (cryptocurrency) specialized media WuBlockchain on the 23rd (local time), Russian Finance Minister Anton Siluanov announced that "the Ministry of Finance and the Central Bank will establish a virtual asset trading platform for super-qualified investors to legalize and regulate specific virtual asset transactions." The platform is expected to be newly established or built on existing exchanges.

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JH Kim

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