The Moscow Exchange and the St. Petersburg Exchange in Russia are preparing to launch cryptocurrency trading services.

Odaily Planet Daily reports that two Russian stock exchanges, the Moscow Exchange (MOEX) and the St. Petersburg Exchange (SPB), have expressed their support for the Central Bank of Russia's cryptocurrency regulatory plan and are prepared to launch cryptocurrency trading once the relevant regulations take effect in 2026. It is understood that qualified investors will be able to purchase any cryptocurrency except privacy coins without limit, while ordinary investors will be capped at 300,000 rubles (approximately $4,000) per year. Both exchanges have confirmed that they have the appropriate technical infrastructure to launch crypto asset trading immediately once the regulatory framework is established. According to the new regulatory concept proposed by the Central Bank of Russia, cryptocurrencies will be defined as "monetary assets," and trading will be conducted through Russia's existing financial infrastructure.

(Cryptopolitan)