Based on ChainCatcher, Russia's Moscow Exchange (MOEX) and St. Petersburg Exchange (SPB) have expressed support for the Central Bank of Russia's (CBR) new crypto regulatory framework. They confirmed plans to launch crypto trading services next year after the regulations take effect. The framework allows both retail and qualified investors to participate, with retail investors capped at 300,000 rubles annually in crypto investments, while qualified investors face no limits (excluding privacy coins). The CBR has gradually softened its stance on crypto over the past year.
Russia's Two Major Exchanges Support New Crypto Regulatory Framework
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Summary
Russia's Moscow Exchange (MOEX) and St. Petersburg Exchange (SPB) back the Central Bank of Russia's (CBR) new compliance framework for crypto. Both exchanges plan to offer crypto trading services in 2025 after the crypto exchange regulations are implemented. The rules allow retail investors up to 300,000 rubles annually, while qualified investors have no limits (privacy coins excluded). The CBR has eased its position on crypto over the past year.
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