Moscow to underpin Russian crypto market with domestic infrastructure

**Russia Accelerates Domestic Cryptocurrency Infrastructure Development to Support Growing Digital Asset Market**

Russia is rapidly developing comprehensive cryptocurrency infrastructure to bolster its domestic digital asset ecosystem, as government officials work to meet increasing industry demands for regulatory clarity and technical foundation. The Russian finance ministry confirmed that this blockchain-based infrastructure will extend beyond the recently regulated Bitcoin mining sector to encompass broader cryptocurrency activities including DeFi protocols and digital asset trading.

This strategic move positions Russia as a significant player in the global cryptocurrency market, potentially impacting Bitcoin prices and international blockchain adoption. The domestic crypto infrastructure aims to provide Russian businesses with secure, government-backed systems for cryptocurrency transactions while reducing dependence on foreign digital asset platforms.

Industry representatives are urging faster implementation, highlighting growing demand for regulated cryptocurrency services in Russia. This development could influence global cryptocurrency markets, as Russia's substantial tech resources and regulatory approach may attract international blockchain projects seeking stable operational environments.

The comprehensive infrastructure promises to support various cryptocurrency activities, from mining operations to decentralized finance applications, potentially making Russia a major hub for digital asset innovation and blockchain technology development.