俄罗斯准备为精英投资者推出受监管的加密交易所

随着俄罗斯为精英投资者推出监管的加密货币交易所，将数字资产拖入合法性时，一场大胆的加密革命正在进行中

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.

俄罗斯新闻社皇家银行于4月23日的一份报告显示，俄罗斯财政部正在与中央银行合作，为精英投资者建立加密货币交易所。

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.

该项目旨在将数字资产带入俄罗斯的法律框架，这是政府将加密货币拖出阴影所做的更广泛努力的一部分。

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.

该交易所将是该国新实验法律制度（ELR）的关键部分，该制度旨在测试新的法律和金融产品和服务。

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

加密交易所将是一个平台，精英投资者可以在完全监管的环境中购买，出售和交易加密货币。

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.

该倡议遵循彭博社3月的先前报告，该报告表示，俄罗斯中央银行和财政部即将在今年晚些时候发起加密货币交易所达成一项协议。

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.

报告还指出，最初由俄罗斯央行提出的精英投资者的标准包括超过1亿卢布（120万美元）的投资和存款或年收入超过5000万卢布。

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，财政部金融政策部副主任奥斯曼·卡巴洛夫（Osman Kabaloev）强调了设定访问要求的持续灵活性。

“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.”

“也许它将采用这种格式，否则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。我认为会有一系列讨论。”

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.

作为ELR的一部分，尽管超级合格的投资者可以直接从事加密货币交易，但标准合格的投资者只能通过与其价格相关的不可交付的衍生品访问加密货币。

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

俄罗斯更广泛的金融基础设施正在为这一转变做准备。

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尔·克雷科顿（Vladimir Krekoten）最近透露，他的平台已准备好早在2025年就开始交易加密货币链接的衍生产品，等待监管批准。

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

同时，SPB Exchange表达了与基于加密货币的仪器多样化其产品多样化的热情。

Despite this progress, some financial experts remain skeptical.

尽管取得了进展，但一些财务专家仍然怀疑。

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

文艺复兴时期资产管理负责人伊戈尔·丹尼尔科（Igor Danilenko）对加密货币的基本基础表示了批评。

He offered his perspective on the topic.

他对这个话题提出了自己的看法。

"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?”

“对于那些想对冲通货膨胀的人来说，有很好的选择。但是在这里他们将加密货币拖入合法性。它有什么好处？这是一个令牌，今天出售的是10个单位，明天他们想以15个卖出。很明显，价格要花，要花一些新买家的涌入，这是一个不断的新买家 - 它的pyramid and tage and Backed and sacked and sacked又是。

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

最近，俄罗斯总统弗拉基米尔·普京（Vladimir Putin）签署了一项法律，确立了该国加密货币的法律地位。

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.

该立法于4月13日生效，旨在规范俄罗斯加密货币的使用，并将其引入该国的金融体系。