俄羅斯準備為精英投資者推出受監管的加密交易所

隨著俄羅斯為精英投資者推出監管的加密貨幣交易所，將數字資產拖入合法性時，一場大膽的加密革命正在進行中

The Russian Finance Ministry is working with the central bank to create a cryptocurrency exchange for elite investors, according to a report by Russian news agency RBC on April 23.

俄羅斯新聞社皇家銀行於4月23日的一份報告顯示，俄羅斯財政部正在與中央銀行合作，為精英投資者建立加密貨幣交易所。

The project aims to bring digital assets into the legal framework in Russia, and it is part of the government’s broader efforts to drag crypto out of the shadows.

該項目旨在將數字資產帶入俄羅斯的法律框架，這是政府將加密貨幣拖出陰影所做的更廣泛努力的一部分。

The exchange will be a key part of the country’s new experimental legal regime (ELR), which is designed to test out new legal and financial products and services.

該交易所將是該國新實驗法律制度（ELR）的關鍵部分，該制度旨在測試新的法律和金融產品和服務。

The crypto exchange will be a platform where elite investors can buy, sell, and trade cryptocurrencies in a fully regulated environment.

加密交易所將是一個平台，精英投資者可以在完全監管的環境中購買，出售和交易加密貨幣。

This initiative follows previous reports by Bloomberg in March, which stated that the Russian Central Bank and Finance Ministry were nearing an agreement on launching a crypto exchange later this year.

該倡議遵循彭博社3月的先前報告，該報告表示，俄羅斯中央銀行和財政部即將在今年晚些時候發起加密貨幣交易所達成一項協議。

The reports also noted the criteria for elite investors, initially proposed by the Russian Central Bank, would include having over 100 million rubles ($1.2 million) in investments and deposits or an annual income exceeding 50 million rubles.

報告還指出，最初由俄羅斯央行提出的精英投資者的標準包括超過1億盧布（120萬美元）的投資和存款或年收入超過5000萬盧布。

However, Osman Kabaloev, Deputy Director of the Financial Policy Department at the Finance Ministry, highlighted the ongoing flexibility in setting the access requirements.

但是，財政部金融政策部副主任奧斯曼·卡巴洛夫（Osman Kabaloev）強調了設定訪問要求的持續靈活性。

“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 whole range of discussions.”

“也許它將採用這種格式，否則這些指標將以一個方向或另一個方向進行調整 - 這是可能的。我認為會有一系列討論。”

As part of the ELR, while super-qualified investors can directly engage in cryptocurrency transactions, standard qualified investors may only access crypto through non-deliverable derivatives linked to its price.

作為ELR的一部分，儘管超級合格的投資者可以直接從事加密貨幣交易，但標準合格的投資者只能通過與其價格相關的不可交付的衍生品訪問加密貨幣。

Russia's broader financial infrastructure is preparing for this shift.

俄羅斯更廣泛的金融基礎設施正在為這一轉變做準備。

Vladimir Krekoten of the Moscow Exchange recently disclosed that his platform is fully prepared to commence trading cryptocurrency-linked derivatives as early as 2025, pending regulatory approval.

莫斯科交易所的弗拉基米爾·克雷科頓（Vladimir Krekoten）最近透露，他的平台已準備好早在2025年就開始交易加密貨幣鏈接的衍生產品，等待監管批准。

Meanwhile, SPB Exchange expressed similar enthusiasm for diversifying its offerings with crypto-based instruments.

同時，SPB Exchange表達了與基於加密貨幣的儀器多樣化其產品多樣化的熱情。

Despite this progress, some financial experts remain skeptical.

儘管取得了進展，但一些財務專家仍然懷疑。

Igor Danilenko, head of asset management at Renaissance Capital, expressed his criticism of the fundamental basis of cryptocurrencies.

文藝復興時期資產管理負責人伊戈爾·丹尼爾科（Igor Danilenko）對加密貨幣的基本基礎表示了批評。

He offered his perspective on the topic.

他對這個話題提出了自己的看法。

"There are good alternatives for those who want to hedge against inflation. But here they are dragging cryptocurrency into legality. What is it good for? It’s a token, which is sold for 10 units today and tomorrow they want to sell it for 15. It’s clear that for the price to go up, there needs to be a constant influx of a new buyer—it’s a pyramid. And what is it backed by?”

“對於那些想對沖通貨膨脹的人來說，有很好的選擇。但是在這裡他們將加密貨幣拖入合法性。這是什麼好處？它是一個令牌，今天出售了10個單位，明天他們想以15票出售。顯然，要使價格上漲，新買家的不斷湧入，這是一個不斷的Pyramid and Backed and Backed。

Recently, Russian President Vladimir Putin signed a law establishing the legal status of cryptocurrencies in the country.

最近，俄羅斯總統弗拉基米爾·普京（Vladimir Putin）簽署了一項法律，確立了該國加密貨幣的法律地位。

The legislation, which came into effect on April 13, aims to regulate the use of crypto in Russia and introduce it into the country’s financial system.

該立法於4月13日生效，旨在規範俄羅斯加密貨幣的使用，並將其引入該國的金融體系。