Russia’s finance ministry and central bank are set to unveil a crypto exchange for «highly-qualified» investors, news agency Interfax reported on Wednesday.

The exchange will «legalize crypto assets and bring crypto operations out of the shadows,» Finance Minister Anton Siluanov said during a ministry board meeting, according to the report.

«Naturally, this will not happen domestically, but as part of the operations permitted under the experimental legal regime,» Siluanov said.

The Central Bank of Russia proposed allow crypto trading within a pilot known as the experimental legal regime (ELR) in March.

This would apply to highly qualified investors, a new investor category for individuals whose investments exceed 100 million rubles ($1.2 million) or an annual income exceeding 50 million rubles ($600,000).

The absence of a centralized domestic crypto exchange in Russia means Russians rely on overseas trading platforms to buy and sell cryptocurrency, which the Finance Ministry and Central Bank may be seeking to counteract.

The Central Bank has also proposed allowing highly-qualified investors to access derivatives and securities linked to digital assets, that do not involve the delivery of crypto to the investor but derive returns based on its value.

KiloEX, the decentralized exchange (DEX) hit by a $7 million attack earlier this month, has revealed its resolution plans for affected users.

Users whose positions remained open during the platform suspension will be compensated for the difference on increased losses or decreased profits, KiloEX said on Thursday.

Compensation will only be calculated up to the point the platform resumes, so users are advised to close their positions as soon as possible thereafter.

The KiloEx attacker, using a wallet funded by crypto laundering service Tornado Cash, appeared to exploit a vulnerability in the platform’s price oracle system.

ZKsync said $5 million worth of tokens stolen during an admin wallet hack last week have been returned and the case is now considered resolved.

The layer-2 blockchain protocol saw a hacker compromise its admin wallet, leading to the theft of unclaimed tokens from the ZKsync airdrop.

In a post on X, the project said the hacker cooperated with the team and returned the funds within the “safe harbor” deadline — a grace period commonly offered in security incidents to incentivize returns without legal consequence. The cooperation means the hacker took a 10% bounty.

The tokens are now in custody of the ZKsync Security Council and a governance process will determine what to do with them. A final investigation report is being prepared and will be published when complete.