Bank of Russia greenlights country’s first crypto exchanges and depositories

Crypto Insight Summary: Bank of Russia has authorized several entities to join the country’s recently regulated cryptocurrency market, making them the first legal providers of digital-asset services. Two major state-owned banks are among the approved participants, a clear indication that Moscow intends to keep the expanding industry under strict government control. Central bank clears Russia’s first crypto trading... Crypto Insight Analysis: Direction: Bullish BTC / Bullish ETH Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Russia's crypto market legalization boosts institutional adoption and liquidity.