Russia’s Top Stock Exchanges Gear Up To Support Crypto Trading Under New Framework
Russia's top stock exchanges, Moscow Exchange (MOEX) and SPB Exchange, have expressed support for the Central Bank of Russia's (CBR) new regulatory framework for cryptocurrencies. They are prepared to launch crypto trading services as soon as the regulations are enacted, leveraging their existing infrastructure and expertise. The proposed rules, expected by July 2026, will allow retail investors to purchase up to 300,000 rubles (approx. $3,800) annually in liquid digital assets after passing a knowledge test, while qualified investors can trade unlimited amounts after a risk-awareness test. Transactions must occur through licensed platforms, and residents can also buy crypto abroad via Russian intermediaries with proper tax reporting. The CBR emphasizes the importance of legitimizing the crypto market quickly due to international attention.
bitcoinist12/25 00:02
