Russia plans Two Crypto Exchanges for Foreign Exchange Trading
CryptoNewsTerminal Staff22 Aug, 2024
Russia plans Two Crypto Exchanges for Foreign Exchange Trading
Russia is planning to establish two crypto exchanges, one for foreign exchange trading and the other for other purposes, according to Russian news agency Aggr News X. Last week, Cointelegraph reported that the Russian central bank was contemplating launching a state-backed crypto exchange. Earlier this month, the Duma approved a bill legalizing cross-border crypto payments, a significant move for the country's crypto market.