俄羅斯推出“超級合格投資者”的加密貨幣交易所

俄羅斯財政部和俄羅斯銀行將共同推出專門為超級合格投資者設計的加密貨幣交易所

As part of broader efforts to bring cryptocurrency operations into a formal regulatory framework, Russia’s Ministry of Finance and the Bank of Russia are set to jointly launch a cryptocurrency exchange designed exclusively for super-qualified investors, according to a report by RBC.

根據RBC的一份報告，作為將加密貨幣運營帶入正式監管框架的更廣泛努力的一部分，俄羅斯財政部和俄羅斯銀行將共同推出專為超級合格投資者設計的加密貨幣交易所。

“Together with the Central Bank, we will launch a crypto exchange for super-qualified investors. Crypto assets will be legalized, and crypto operations will be brought out of the shadows. Naturally, not within our country, but those operations that have been carried out today within the framework of the experimental legal regime,” said Finance Minister Anton Siluanov during a recent ministry meeting.

“與中央銀行一起，我們將向超級合格的投資者推出加密貨幣交易所。加密資產將合法化，加密貨幣運營將從陰影中帶出陰影。自然而不是在我們的國家內，而是在實驗性法律制度的框架內進行的，”財政部長安頓·西盧諾夫（Anton Siluanov）在最近的法律法律制度框架內進行。 ”

The move follows a proposal by the Central Bank to introduce an experimental legal regime (ELR) for three years, which will see a select group of investors gain the status of ‘super-qualified investors’ and be permitted to trade cryptocurrencies. The concept is defined by strict wealth and income thresholds.

此舉遵循中央銀行提出的提出實驗法律制度（ELR）三年的提議，這將使一群投資者獲得“超級合格的投資者”的地位，並被允許交易加密貨幣。該概念由嚴格的財富和收入閾值定義。

According to the Central Bank, this status could be granted to individuals with at least ₽100 million in securities or deposits, or annual income exceeding ₽50 million. However, the Finance Ministry has indicated that these requirements are not yet final.

根據中央銀行的說法，該身份可以授予至少1億億美元的證券或存款，或年收入超過5000萬的個人。但是，財政部表示這些要求尚未最終。

“Perhaps it will be in this format or these indicators will be somehow adjusted in one direction or another – this is possible. I think there will be a wide range of discussions,” said Osman Kabaloev, Deputy Director of the Ministry’s Financial Policy Department.

該部財務政策部副主任Osman Kabaloev說：“也許是以這種格式，或者這些指標將以某種方式朝一個方向或另一個方向進行調整 - 這是可能的。我認為會有廣泛的討論。”

The initiative has already sparked interest among financial institutions. In March, Managing Director for Sales and Business Development at the Moscow Exchange Vladimir Krekoten confirmed plans to launch derivatives trading linked to cryptocurrencies, adding that the platform is at “maximum level of readiness” and could begin operations in 2025.

該計劃已經引發了金融機構之間的興趣。 3月，莫斯科交易所銷售和業務開發董事總經理弗拉基米爾·克雷科滕（Vladimir Krekoten）確認了推出與加密貨幣相關的衍生品交易的計劃，並補充說該平台處於“最大準備水平”，並且可以在2025年開始運營。

SPB Exchange has also expressed interest in introducing crypto derivatives to broaden investment options.

SPB Exchange還表示有興趣將加密衍生品引入擴大投資選擇。

“SPB Exchange supports initiatives aimed at expanding the investment opportunities of investors and diversifying their strategies. We plan to start trading products tied to the value of cryptocurrencies,” a representative told RBC Investments.

一位代表告訴加拿大皇家銀行投資公司（RBC Investments）：“ SPB Exchange支持旨在擴大投資者的投資機會並使他們的戰略多樣化的計劃。我們計劃開始與加密貨幣價值相關的交易產品。”

However, despite the potential implications, Renaissance Capital’s head of asset management Igor Danilenko remains skeptical of cryptocurrencies as an asset class.

但是，儘管有潛在的影響，但文藝復興時期資本的資產管理主管Igor Danilenko仍然對加密貨幣作為資產類別仍然持懷疑態度。

“There are many ways to protect yourself from inflation without resorting to tokens without any real collateral, which depend on the influx of new buyers and are very similar to a pyramid scheme in essence,” he concluded.

他總結說：“有很多方法可以保護自己免受通貨膨脹率，而無需訴諸代幣而沒有任何真正的抵押品，這取決於新買家的湧入，並且本質上與金字塔計劃非常相似。”