Russia Considers Launching a Regulated Crypto Market for Elite Investors

Russia is reportedly considering the establishment of a regulated cryptocurrency market exclusively for elite and qualified investors. This initiative aims to create a controlled environment where high-net-worth individuals can engage in cryptocurrency trading under stringent regulatory oversight. According to local reports, Russian authorities are exploring the creation of a regulated digital asset market limited to…

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Russia Prioritises Gold and Yuan Over Bitcoin for National Reserves

Russia has reaffirmed its commitment to traditional assets, particularly the Chinese yuan and gold, for its National Wealth Fund (NWF), rejecting the inclusion of Bitcoin and other cryptocurrencies due to their volatility. Deputy Finance Minister Vladimir Kolychev stated that Russia has no plans to incorporate cryptocurrencies into the NWF, emphasising a continued focus on gold…

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