Russia Crypto Trading Set to Launch on Major Exchanges
Russia’s two major stock exchanges, the Moscow Exchange (MOEX) and the St. Petersburg Exchange (SPB), are ready to launch cryptocurrency trading once regulations are finalized. This move could bring a more structured approach to crypto trading in the country and give investors clear rules to follow.
Both exchanges said they are preparing systems to accommodate the new rules, ensuring trading can start quickly once the government approves regulations.
How the Proposed Rules Work
The proposed regulations would allow both retail and qualified investors to trade cryptocurrencies legally. Retail investors would have an annual trading limit of 300,000 rubles, roughly $3,300 USD. This limit aims to protect smaller investors from large…
