Russia's two major stock exchanges are ready to launch cryptocurrency trading.

Russia's two major stock exchanges, the Moscow Exchange (MOEX) and the St. Petersburg Exchange (SPB), have announced their readiness to launch cryptocurrency trading once regulations are finalized, and their support for the new regulatory framework promoting the legalization of crypto businesses by the Central Bank of Russia. Both exchanges claim to possess mature clearing, settlement, and trading technology infrastructure and will launch cryptocurrency trading as soon as the regulations take effect in 2026. The new framework plans to allow participation from both ordinary and qualified investors, but ordinary investors will be capped at 300,000 rubles per year for cryptocurrency investment, while qualified investors will have no limit (except for privacy coins). (cryptopolitan)