俄罗斯推出“超级合格投资者”的加密货币交易所

俄罗斯财政部和俄罗斯银行将共同推出专门为超级合格投资者设计的加密货币交易所

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.

根据RBC的一份报告，作为将加密货币运营带入正式监管框架的更广泛努力的一部分，俄罗斯财政部和俄罗斯银行将共同推出专为超级合格投资者设计的加密货币交易所。

“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.

“与中央银行一起，我们将向超级合格的投资者推出加密货币交易所。加密资产将合法化，加密货币运营将从阴影中带出阴影。自然而不是在我们的国家内，而是在实验性法律制度的框架内进行的，”财政部长安顿·西卢诺夫（Anton Siluanov）在最近的法律法律制度框架内进行。”

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.

此举遵循中央银行提出的提出实验法律制度（ELR）三年的提议，这将使一群投资者获得“超级合格的投资者”的地位，并被允许交易加密货币。该概念由严格的财富和收入阈值定义。

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.

根据中央银行的说法，该身份可以授予至少1亿亿美元的证券或存款，或年收入超过5000万的个人。但是，财政部表示这些要求尚未最终。

“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.

该部财务政策部副主任Osman Kabaloev说：“也许是以这种格式，或者这些指标将以某种方式朝一个方向或另一个方向进行调整 - 这是可能的。我认为会有广泛的讨论。”

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.

该计划已经引发了金融机构之间的兴趣。 3月，莫斯科交易所销售和业务开发董事总经理弗拉基米尔·克雷科滕（Vladimir Krekoten）确认了推出与加密货币相关的衍生品交易的计划，并补充说该平台处于“最大准备水平”，并且可以在2025年开始运营。

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

SPB Exchange还表示有兴趣将加密衍生品引入扩大投资选择。

“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.

一位代表告诉加拿大皇家银行投资公司（RBC Investments）：“ SPB Exchange支持旨在扩大投资者的投资机会并使他们的战略多样化的计划。我们计划开始与加密货币价值相关的交易产品。”

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

但是，尽管有潜在的影响，但文艺复兴时期资本的资产管理主管Igor Danilenko仍然对加密货币作为资产类别仍然持怀疑态度。

“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.

他总结说：“有很多方法可以保护自己免受通货膨胀率，而无需诉诸代币而没有任何真正的抵押品，这取决于新买家的涌入，并且本质上与金字塔计划非常相似。”