In accordance with HashNews, Moscow Exchange (MOEX) and St. Petersburg Exchange (SPB) have announced plans to launch crypto asset trading following the implementation of Russia's Central Bank (CBR) comprehensive regulatory framework. The framework, set to take effect on July 1, 2026, classifies Bitcoin and stablecoins as 'monetary assets,' requiring transactions to be processed through licensed exchanges and brokers. Non-qualified investors will face an annual purchase cap of 300,000 rubles, while qualified investors will have no restrictions except for privacy coins. A pilot program is expected to begin in March 2025, and both exchanges currently offer crypto derivatives.
Russia's Two Major Exchanges Plan to Launch Crypto Trading in 2026
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Summary
Russia's Two Major Exchanges Plan to Launch Crypto Trading in 2026, aligning with the EU Markets in Crypto-Assets Regulation. Moscow Exchange and St. Petersburg Exchange will begin trading under the CBR’s new framework, effective July 1, 2026. The rules classify Bitcoin and stablecoins as 'monetary assets,' requiring licensed exchanges for transactions. Non-qualified investors face a 300,000 ruble annual cap, while qualified investors are exempt except for privacy coins. A pilot starts in March 2025, with crypto derivatives already available. The move is expected to boost liquidity and crypto markets.
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