Russian Exchanges MOEX and SPB Prepare for Crypto Trading Amid Regulatory Shift
Russia's financial landscape is poised for transformation as Moscow Exchange (MOEX) and St. Petersburg Exchange (SPB) confirm readiness to launch cryptocurrency trading. The exchanges await regulatory clarity from the Central Bank of Russia, with implementation expected by 2026.
MOEX emphasized its existing infrastructure for foreign exchange and settlements, stating it can seamlessly adapt to crypto markets. This marks the first explicit commitment by major Russian exchanges to integrate digital assets at a national level.
The MOVE signals institutional acceptance of cryptocurrencies in a market previously dominated by retail speculation. It follows global trends of traditional finance embracing digital assets while seeking regulatory oversight.